CDW Stock Plunges After Disappointing Q3 Earnings: Sales Miss Estimates, Project Delays Cited

CDW Corporation’s shares took a significant hit after the company reported weaker-than-expected third-quarter fiscal year 2024 financial results, with net sales falling short of analyst projections. The decline was attributed to project delays stemming from economic uncertainty and a complex technology environment. Despite a dividend increase, investors reacted negatively to the earnings miss, sending CDW stock down nearly 10% in early trading.

CDW Earnings Preview: What to Expect on October 30th

CDW, a leading provider of IT solutions, is set to release its quarterly earnings report on Wednesday, October 30th. Analysts anticipate strong results, with an expected EPS of $2.86. This article provides an in-depth look at CDW’s past performance, analyst expectations, and a comparison with its industry peers.

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