CDW Corp. (CDW) Q3 Earnings: Will It Pull Off A Surprise?
Zacks Investment Research | Oct 30, 2016 10:37PM ET
CDW Corporation (NASDAQ:CDW) is set to report third-quarter 2016 results on Nov 2. Last quarter, the company posted a positive earnings surprise of 7.41%. Let us see how things are shaping up for this announcement.
Factors at Play
CDW specializes in offering information technology products and services to business, government, education and healthcare customers, primarily in the U.S. and Canada.
The company reported better-than-expected second-quarter 2016 results wherein both the top and the bottom line beat the Zacks Consensus Estimate.
Growth in customer channels and consistent strategic achievements are a couple of positive factors that should drive the company’s performance in the to-be reported quarter. Additionally, CDW’s robust product portfolio and product refreshes are positives.
The company’s exposure in the high-end corporate desktop and digital education implementation space is encouraging. Moreover, its focus on small & medium businesses and customer additions help in expanding its market share.
However, a highly leveraged balance sheet, competition from Insight Enterprises Inc. (NASDAQ:NSIT) and PC Connection, Inc., and pricing pressure remain headwinds.
CDW CORP Price and EPS Surprise
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