Insight Enterprises Inc expected to post earnings of $3.06 a share - Earnings Preview

Insight Enterprises

13/02/2024 14:23

* Insight Enterprises Inc  NSIT.OQ   NSIT.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
15 for the period ending December 31 2023
    * The Chandler Arizona-based  company is expected to report
a
3.9% decrease in revenue to $2.406 billion from $2.5 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Insight Enterprises Inc
is for
earnings of $3.06 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Insight
Enterprises Inc is $184.00​, below​ its last closing price
of $193.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.33        2.33       2.37      Beat    1.8
 Jun. 30 2023  2.64        2.65       2.56      Missed  -3.5
 Mar. 31 2023  1.87        1.86       1.78      Missed  -4.2​
 Dec. 31 2022  2.11        2.12       2.53      Beat    19.5
 ​​Sep.        1.96        1.93       1.99      Beat    3.2
 30 2022                                                
 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. 31 2021  1.98        1.99       2.03      Beat    2.3
 This summary was machine generated February 13 at 14:22 GMT. 
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)