Will CDW Corporation (CDW) Q2 Earnings Spring A Surprise?
Zacks Investment Research | Jul 31, 2016 11:49PM ET
CDW Corporation (NASDAQ:CDW) is set to report second-quarter 2016 results on Aug 3. Last quarter, the company posted in-line results. 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 modest first-quarter 2016 results wherein the top line beat the Zacks Consensus Estimate while the bottom line matched the same.
Growth in customer channels and consistent strategic achievements are a couple of positive factors that should drive the company’s performance. Additionally, CDW’s robust product portfolio and product refreshes continue to drive growth.
The company’s exposure in the high-end corporate desktop and digital education implementation space also remains a positive. Moreover, its strong position with medium to large businesses, focus on small & medium businesses and customer additions helping to grow market share are encouraging.
However, a highly leveraged balance sheet, competition from Insight Enterprises Inc. (NASDAQ:NSIT) and PC Connection, Inc., and pricing pressure remain headwinds.
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