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INGM — Ingram Micro Holding News Story

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Ingram Micro Holding Corp reports results for the quarter ended March 31 - Earnings Summary

Ingram Micro Holding Corp INGM.N reported quarterly adjusted earnings of 61 cents​​ per share for the quarter ended March 31.  The mean expectation of thirteen analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 44 cents to 60 cents per share.

Revenue was $12.28 billion​; analysts expected $11.62 billion.

Ingram Micro Holding Corp's reported EPS for the quarter was 29 cents​.

The company reported quarterly net income of $69.19 million.

Ingram Micro Holding Corp shares had risen by 7.2% this quarter and lost 2.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 17% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Ingram Micro Holding Corp is $26.00

This summary was machine generated from LSEG data May 9 at 12:58 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.560.61Beat
Dec. 31 20240.890.92Beat

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