Latest news with #ChristineA.Leahy
Yahoo
05-06-2025
- Business
- Yahoo
IT Distribution & Solutions Stocks Q1 Highlights: CDW (NASDAQ:CDW)
Looking back on it distribution & solutions stocks' Q1 earnings, we examine this quarter's best and worst performers, including CDW (NASDAQ:CDW) and its peers. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 8 it distribution & solutions stocks we track reported a mixed Q1. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady as they are up 3% on average since the latest earnings results. Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ:CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services. CDW reported revenues of $5.20 billion, up 6.7% year on year. This print exceeded analysts' expectations by 5.3%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts' EPS estimates. "The team delivered an excellent start to 2025, as they once again helped customers navigate dynamic market conditions and accomplish mission critical outcomes," said Christine A. Leahy, chair and chief executive officer, CDW. The stock is up 7.4% since reporting and currently trades at $176.12. Is now the time to buy CDW? Access our full analysis of the earnings results here, it's free. Starting as a small computer products seller in 1982 and evolving into a Fortune 1000 company, Connection (NASDAQ:CNXN) is a technology solutions provider that helps businesses and government agencies design, purchase, implement, and manage their IT infrastructure and systems. Connection reported revenues of $701 million, up 10.9% year on year, outperforming analysts' expectations by 8.5%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates. Connection delivered the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems content with the results as the stock is up 4.6% since reporting. It currently trades at $64.88. Is now the time to buy Connection? Access our full analysis of the earnings results here, it's free. Serving as the crucial middleman in the technology supply chain, TD SYNNEX (NYSE:SNX) is a global technology distributor that connects thousands of IT manufacturers with resellers, helping businesses access hardware, software, and technology solutions. TD SYNNEX reported revenues of $14.53 billion, up 4% year on year, falling short of analysts' expectations by 1.7%. It was a softer quarter as it posted a miss of analysts' EPS estimates. As expected, the stock is down 2.4% since the results and currently trades at $122.50. Read our full analysis of TD SYNNEX's results here. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components. Avnet reported revenues of $5.32 billion, down 6% year on year. This number met analysts' expectations. Taking a step back, it was a mixed quarter as it also logged an impressive beat of analysts' EPS estimates. The stock is down 1.2% since reporting and currently trades at $50.62. Read our full, actionable report on Avnet here, it's free. Starting as a financing company in 1990 before evolving into a full-service technology provider, ePlus (NASDAQ:PLUS) provides comprehensive IT solutions, professional services, and financing options to help organizations optimize their technology infrastructure and supply chain processes. ePlus reported revenues of $498.1 million, down 10.2% year on year. This result missed analysts' expectations by 4.9%. Zooming out, it was actually a satisfactory quarter as it produced a solid beat of analysts' EPS estimates. The stock is up 7.8% since reporting and currently trades at $71. Read our full, actionable report on ePlus here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
CDW (NASDAQ:CDW) Delivers Impressive Q1
IT solutions provider CDW (NASDAQGS:CDW) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 6.7% year on year to $5.20 billion. Its non-GAAP profit of $2.15 per share was 9.5% above analysts' consensus estimates. Is now the time to buy CDW? Find out in our full research report. CDW (CDW) Q1 CY2025 Highlights: Revenue: $5.20 billion vs analyst estimates of $4.94 billion (6.7% year-on-year growth, 5.3% beat) Adjusted EPS: $2.15 vs analyst estimates of $1.96 (9.5% beat) Operating Margin: 7%, in line with the same quarter last year Free Cash Flow Margin: 5%, down from 7.5% in the same quarter last year Market Capitalization: $21.6 billion "The team delivered an excellent start to 2025, as they once again helped customers navigate dynamic market conditions and accomplish mission critical outcomes," said Christine A. Leahy, chair and chief executive officer, CDW. Company Overview Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ:CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services. Sales Growth A company's long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $21.33 billion in revenue over the past 12 months, CDW is a behemoth in the business services sector and benefits from economies of scale, giving it an edge in distribution. This also enables it to gain more leverage on its fixed costs than smaller competitors and the flexibility to offer lower prices. However, its scale is a double-edged sword because it's challenging to maintain high growth rates when you've already captured a large portion of the addressable market. For CDW to boost its sales, it likely needs to adjust its prices, launch new offerings, or lean into foreign markets. As you can see below, CDW's 2.9% annualized revenue growth over the last five years was sluggish. This shows it failed to generate demand in any major way and is a rough starting point for our analysis. CDW Quarterly Revenue Long-term growth is the most important, but within business services, a half-decade historical view may miss new innovations or demand cycles. CDW's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 3.5% annually. CDW Year-On-Year Revenue Growth This quarter, CDW reported year-on-year revenue growth of 6.7%, and its $5.20 billion of revenue exceeded Wall Street's estimates by 5.3%.
Business Wire
29-04-2025
- Business
- Business Wire
CDW to Participate in the J.P. Morgan 53rd Annual Global Technology, Media & Communications Conference
VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW) today announced that Christine A. Leahy, chair and chief executive officer, and Albert J. Miralles, chief financial officer and executive vice president, enterprise business operations, CDW, will participate in a question and answer session at the J.P. Morgan 53 rd Annual Global Technology, Media and Communications Conference in Boston, Massachusetts on Tuesday, May 13, 2025, at 8:30 a.m. CT/9:30 a.m. ET. The session will be webcast live on An archived copy of the webcast will be available on the same website for 30 days following the completion of the event. About CDW CDW Corporation is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and member of the S&P 500 Index, CDW helps its customers to navigate an increasingly complex IT market and maximize return on their technology investments. For more information about CDW, please visit CDWPR-F
Yahoo
09-04-2025
- Business
- Yahoo
Q4 IT Distribution & Solutions Earnings: CDW (NASDAQ:CDW) Earns Top Marks
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at CDW (NASDAQ:CDW) and the best and worst performers in the it distribution & solutions industry. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 8 it distribution & solutions stocks we track reported a softer Q4. As a group, revenues missed analysts' consensus estimates by 2.7% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 27.1% since the latest earnings results. Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ:CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services. CDW reported revenues of $5.19 billion, up 3.3% year on year. This print exceeded analysts' expectations by 2.9%. Overall, it was a very strong quarter for the company with a solid beat of analysts' EPS estimates. "The team delivered a solid finish to a challenging year, demonstrating our clear commitment to our customers during this period of uneven market conditions," said Christine A. Leahy, chair and chief executive officer, CDW. CDW pulled off the biggest analyst estimates beat of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 27.6% since reporting and currently trades at $144.57. Is now the time to buy CDW? Access our full analysis of the earnings results here, it's free. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components. Avnet reported revenues of $5.66 billion, down 8.7% year on year, outperforming analysts' expectations by 1.6%. The business performed better than its peers, but it was unfortunately a mixed quarter with an impressive beat of analysts' EPS estimates but a significant miss of analysts' EPS guidance for next quarter estimates. The stock is down 21.9% since reporting. It currently trades at $40.91. Is now the time to buy Avnet? Access our full analysis of the earnings results here, it's free. Starting as a financing company in 1990 before evolving into a full-service technology provider, ePlus (NASDAQ:PLUS) provides comprehensive IT solutions, professional services, and financing options to help organizations optimize their technology infrastructure and supply chain processes. ePlus reported revenues of $511 million, flat year on year, falling short of analysts' expectations by 7.7%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. As expected, the stock is down 33.7% since the results and currently trades at $53.70. Read our full analysis of ePlus's results here. Starting as a small computer products seller in 1982 and evolving into a Fortune 1000 company, Connection (NASDAQ:CNXN) is a technology solutions provider that helps businesses and government agencies design, purchase, implement, and manage their IT infrastructure and systems. Connection reported revenues of $708.9 million, up 1.8% year on year. This number came in 1% below analysts' expectations. Overall, it was a disappointing quarter as it also produced a significant miss of analysts' EPS estimates. The stock is down 19% since reporting and currently trades at $58.05. Read our full, actionable report on Connection here, it's free. Operating as the crucial link in the global technology supply chain with a presence in 57 countries, Ingram Micro (NYSE:INGM) is a global technology distributor that connects manufacturers with resellers, providing hardware, software, cloud services, and logistics expertise. Ingram Micro reported revenues of $13.34 billion, up 2.5% year on year. This print topped analysts' expectations by 1.2%. However, it was a slower quarter with EPS guidance for next quarter estimates falling below analysts' estimates. The stock is down 23.7% since reporting and currently trades at $15.98. Read our full, actionable report on Ingram Micro here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
