The Latest Breaking News from CDW

The stock market closed mostly lower Tuesday as Goldman Sachs reported weak earnings. Tesla and technology stocks gained.

Tech services provider CDW beat estimates for earnings in the third quarter but sales were lighter than expected.

Over the past 3 months, 4 analysts have published their opinion on CDW (NASDAQ:CDW) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

CDW Corp (NASDAQ:CDW) reported first-quarter FY22 net sales growth of 23% year-on-year to $5.95 billion, beating the consensus of $5.67 billion. Average daily sales rose 23% Y/Y to $94.4 million. Net sales from the Total Corporate segment increased 45.5% Y/Y to $2.63 billion, and the Total Small Business segment rose 21.1% to $524…

  CDW (NASDAQ:CDW) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings CDW beat estimated earnings by 9.45%, reporting an EPS of $2.2 versus an estimate of $2.01.

Information technology products reseller and service provider CDW on Wednesday smashed Wall Street's targets for the first quarter.

Upgrades

If history is any guide, there may be trouble ahead for shares of CDW (NASDAQ:CDW). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

CDW Corp (NASDAQ:CDW) reported fourth-quarter FY21 net sales growth of 11.7% year-on-year to $5.54 billion, beating the consensus of $5.18 billion. Average daily sales rose 9.9% Y/Y to $87.9 million. Net sales from the Total Corporate segment increased 33.1% Y/Y to $2.32 billion, and the Total Small Business segment rose 30.9% to $487…