CDW Earnings Prediction
The chart below shows how CDW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CDW sees a +0.91% change in stock price 10 days leading up to the earnings, and a +2.16% change 10 days following the report. On the earnings day itself, the stock moves by -1.83%. This data can give you a slight idea of what to expect for the next quarter's release.
CDW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.19B
3.34%
-5.99%
Gross Margin
22.28%
-3.09%
2.34%
Operating Margin
7.88%
-14.35%
-11.96%
Net Margin
5.09%
-13.73%
-11.32%
EPS
1.97
-9.63%
-16.17%
No Data Available
CDW Earnings Analysis
CDW Corp Corporation (CDW.O) Earnings Conference Call
Positive
Q4 Sales Increase: CDW Corporation reported Q4 2024 net sales of $5.2 billion, representing a 5% increase compared to the same period in 2023 on an average daily sales basis.
Q4 Gross Profit Increase: Gross profit for Q4 2024 was $1.16 billion, showing a 2% increase on an average daily sales basis, despite being flat as reported.
Strong Cash Generation: The company generated over $1 billion in adjusted free cash flow for the year, demonstrating strong cash generation capabilities.
Shareholder Value Commitment: CDW returned $832 million to shareholders through dividends and share repurchases, reinforcing its commitment to shareholder value.
Share Repurchase Authorization Increase: The Board of Directors approved a $750 million increase in the share repurchase authorization, highlighting confidence in the company's future performance.
Negative
Operating Income Decline: Non-GAAP operating income decreased by 4% year-over-year, totaling nearly $500 million, indicating a decline in profitability despite stable gross margins.
Decline in Net Income: Non-GAAP net income per share fell by 4% to $2.48, down $0.09 from the previous year, reflecting reduced earnings amidst challenging market conditions.
Net Sales Decline: Full year consolidated net sales declined by 3%, demonstrating a decrease in overall revenue generation compared to 2023.
Rising SG&A Expenses: Non-GAAP SG&A expenses rose by 3.3% year-over-year to $656 million, indicating increased operational costs that outpaced revenue growth.
Net Sales Decline: The company experienced a 1.8% decline in net sales for the full year, highlighting ongoing challenges in customer demand and market conditions.
CDW FAQs
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CDW Earning Call Sentiment
CDW Corporation (NASDAQ:CDW) Q4 2024 Earnings Call Transcript
CDW.O
-0.68%Positive
The earnings call presents mixed signals: while there are positive aspects like increased dividends and share repurchases, financial metrics show declines in EPS and operating income. The Q&A section reveals uncertainties in public vertical growth and competitive pressures. Despite some positive elements, such as healthcare performance and strategic acquisitions, the overall sentiment is balanced by cautious outlooks and macroeconomic concerns, leading to a neutral prediction for stock price movement.
