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CDW Corporation Q2 adjusted earnings Beat Estimates

CDW Corporation (CDW) reported a profit for second quarter that dropped from the same period last year.

The company's profit totaled $189.1 million, or $1.31 per share. This compares with $196.6 million, or $1.33 per share, in last year's second quarter.

Excluding items, CDW Corporation reported adjusted earnings of $225.3 million or $1.56 per share for the period.

Analysts had expected the company to earn $1.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.6% to $4.37 billion from $4.63 billion last year.

CDW Corporation earnings at a glance:

-Earnings (Q2): $225.3 Mln. vs. $237.7 Mln. last year.
-EPS (Q2): $1.56 vs. $1.60 last year.
-Analysts Estimate: $1.38
-Revenue (Q2): $4.37 Bln vs. $4.63 Bln last year.

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