Stock Track | CDW Corp Plunges 5.96% in Pre-Market After Q1 Earnings Miss
Stock Track
May 06
CDW Corp's stock tumbled 5.96% in pre-market trading on Wednesday following the release of its first-quarter 2026 financial results.
The technology solutions provider reported quarterly adjusted earnings of $2.28 per share, which narrowly missed the analyst consensus estimate of $2.29. This represents a 6.05% increase over earnings from the same period last year. Quarterly sales of $5.679 billion exceeded the $5.478 billion estimate.
The pre-market decline appears to be a direct reaction to the earnings miss, as investors focused on the company's bottom-line performance falling short of expectations despite the revenue beat.
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