Insight Enterprises Inc reports results for the quarter ended in December - Earnings Summary

Insight Enterprises

09/02/2023 15:22

* Insight Enterprises Inc  NSIT.OQ  reported quarterly
adjusted
earnings of $2.53​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was
for earnings of $2.12 per share.
    * Revenue fell 2.5% to $2.50 billion from a year ago;
analysts
expected $2.61 billion. 
    * Insight Enterprises Inc's reported EPS for the quarter was
$2.13​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Insight Enterprises Inc shares had risen by 12.0% this
quarter.
    * The company reported quarterly net income of $77.48
million.
    * Wall Street's median 12-month price target for Insight
Enterprises Inc is $125.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 03:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.12           2.53           Beat
 Sep. 30 2022      1.93           1.99           Beat
 Jun. 30 2022      2.06           2.78           Beat
 Mar. 31 2022      1.58           1.81           Beat