Insight Enterprises Inc expected to post earnings of $1.86 a share - Earnings Preview

Insight Enterprises

28/04/2023 16:58

* Insight Enterprises Inc  NSIT.OQ   NSIT.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 2. 
    * The Chandler Arizona-based  company is expected to report 
a
3.8% decrease in revenue to $2.55 billion from $2.65 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Insight Enterprises
Inc
is for earnings of $1.86 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Insight
Enterprises Inc is $144​, above​ its last closing price
of $119.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  2.11        2.12       2.53      Beat    19.5
 Sep. 30 2022  1.96        1.93       1.99      Beat    3.2
 Jun. 30 2022  2.02        2.06       2.78      Beat    35.2​
 Mar. 31 2022  1.59        1.58       1.81      Beat    14.9
 ​​Dec.        1.98        1.99       2.03      Beat    2.3
 31 2021                                                
 Sep. 30 2021  1.68        1.68       1.87      Beat    11.6​
 Jun. 30 2021  1.86        1.87       1.91      Beat    2.4
 Mar. 31 2021  1.43        1.43       1.30      Missed  -8.8
 This summary was machine generated April 28 at 15:58 GMT.  All
figures in US dollars  unless otherwise stated