Insight Enterprises Inc expected to post earnings of $1.87 a share - Earnings Preview

Insight Enterprises

03/08/2021 15:07

* Insight Enterprises Inc  NSIT.OQ   NSIT.O  is expected to show
a rise in quarterly revenue when it reports results on August
5. 
* The Tempe, Arizona-based company is expected to report   a
12.1% increase in revenue to $2.207 billion from $1.97 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 $1.87 per share. For the same quarter last
year, the company reported earnings of $1.75 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Insight
Enterprises Inc is $115​, about 13.9% above​ its last closing
price of $99.02. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.43        1.43       1.30      Missed  -8.8
 Dec. 31 2020  1.50        1.50       1.76      Beat    17.6
 Sep. 30 2020  1.12        1.14       1.38      Beat    21.1​
 Jun. 30 2020  1.00        1.01       1.75      Beat    74
 Mar.          1.14​       1.14       1.30      Beat    13.8​
 31​ 2020​                                              
 Dec. 31 2019  1.61        1.61       1.57      Missed  -2.5​
 Sep. 30 2019  1.01        1.07       1.10      Beat    2.8
 Jun. 30 2019  1.39        1.39       1.49      Beat    7.5
 This summary was machine generated August 3 at 14:07 GMT.  All
figures in US dollars unless otherwise stated