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CDW Corporation (CDW)
:CDW
US Market

CDW (CDW) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 30, 2025
TBA Not Confirmed
Period Ending
2025 (Q1)
Consensus EPS Forecast
1.96
Last Year’s EPS
1.92
Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Feb 05, 2025
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% Change Since: -4.99%
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Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call showed a mixed performance with significant achievements in healthcare, international sales, and strategic investments in cloud capabilities. However, challenges in the Education and Government segments and declines in operating income and full-year revenue highlight areas of concern.
Company Guidance
During the CDW Fourth Quarter 2024 earnings call, the company provided guidance for 2025, projecting the U.S. IT market to grow by low single digits, with CDW aiming to outpace this growth by 200 to 300 basis points. In 2024, CDW reported fourth-quarter net sales of $5.2 billion, a 5% increase over 2023 on an average daily sales basis, and a gross profit of $1.16 billion, up 2% on an average daily basis. However, non-GAAP operating income was nearly $500 million, 4% below the previous year, and non-GAAP net income per share was $2.48, down 4% year-over-year. For the full year, CDW's net sales declined by 3%, with consolidated gross profit roughly 1% below 2023. Despite these challenges, the company generated over $1 billion in adjusted free cash flow and returned $832 million to shareholders through dividends and share repurchases. Additionally, CDW increased its share repurchase authorization by $750 million. Looking ahead, CDW expects to maintain stable gross margins in 2025 while continuing to leverage its broad portfolio of solutions and services to address customer priorities.
Fourth Quarter Revenue Growth
The company delivered net sales of $5.2 billion in the fourth quarter, representing a 5% increase compared to 2023 on an average daily sales basis.
Healthcare Segment Performance
Healthcare revenue increased by 30% in the fourth quarter, driven by strategic investments and a strong execution reflecting a balanced success in cloud offerings and deep healthcare expertise.
International Sales Growth
The U.K. and Canadian operations together delivered sales of USD 2.5 billion, with international net sales increasing by 5% in the fourth quarter.
Shareholder Returns
The company returned $832 million to shareholders via dividends and share repurchases in 2024, and increased share repurchase authorization by $750 million.
Mission Cloud Services Acquisition
CDW acquired Mission Cloud Services to enhance AWS capabilities, cloud migration, and managed services, positioning the company for future growth.
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CDW (CDW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CDW Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 30, 20252025 (Q1)
1.96 / -
1.92
Feb 05, 20252024 (Q4)
2.32 / 2.48
2.57-3.50% (-0.09)
Oct 30, 20242024 (Q3)
2.85 / 2.63
2.72-3.31% (-0.09)
Jul 31, 20242024 (Q2)
2.53 / 2.50
2.56-2.34% (-0.06)
May 01, 20242024 (Q1)
2.15 / 1.92
2.03-5.42% (-0.11)
Feb 07, 20242023 (Q4)
2.56 / 2.57
2.52.80% (+0.07)
Nov 01, 20232023 (Q3)
2.60 / 2.72
2.64.62% (+0.12)
Aug 02, 20232023 (Q2)
2.33 / 2.56
2.492.81% (+0.07)
May 03, 20232023 (Q1)
2.03 / 2.03
2.2-7.73% (-0.17)
Feb 08, 20232022 (Q4)
2.48 / 2.50
2.0820.19% (+0.42)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CDW Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 05, 2025$199.34$206.13+3.41%
Oct 30, 2024$219.13$194.38-11.29%
Jul 31, 2024$231.03$216.76-6.18%
May 01, 2024$239.73$212.72-11.27%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does CDW Corporation (CDW) report earnings?
CDW Corporation (CDW) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
    What is CDW Corporation (CDW) earnings time?
    CDW Corporation (CDW) earnings time is at Apr 30, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CDW EPS forecast?
          CDW EPS forecast for the fiscal quarter 2025 (Q1) is 1.96.
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