03.11.2021 12:11:49
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CDW Corporation Q3 adjusted earnings Beat Estimates
(RTTNews) - CDW Corporation (CDW) reported a profit for its third quarter that increased from last year.
The company's earnings came in at $266.6 million, or $1.91 per share. This compares with $193.2 million, or $1.33 per share, in last year's third quarter.
Excluding items, CDW Corporation reported adjusted earnings of $298.0 million or $2.13 per share for the period.
Analysts had expected the company to earn $2.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.3% to $5.30 billion from $4.76 billion last year.
CDW Corporation earnings at a glance:
-Earnings (Q3): $298.0 Mln. vs. $265.4 Mln. last year. -EPS (Q3): $2.13 vs. $1.83 last year. -Analysts Estimate: $2.05 -Revenue (Q3): $5.30 Bln vs. $4.76 Bln last year.
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