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

Insight Enterprises

03/08/2023 15:27

* Insight Enterprises Inc  NSIT.OQ  reported quarterly
adjusted
earnings of $2.56​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of $2.65 per share.
    * Revenue fell 14.4% to $2.35 billion from a year ago;
analysts
expected $2.47 billion. 
    * Insight Enterprises Inc's reported EPS for the quarter was
$2.17​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Insight Enterprises Inc shares had fallen by 0.4% this
quarter and gained 45.4% so far this year.
    * The company reported quarterly net income of $80.48
million.
    * Wall Street's median 12-month price target for Insight
Enterprises Inc is $144.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.65           2.56           Missed
 Mar. 31 2023      1.86           1.78           Missed
 Dec. 31 2022      2.12           2.53           Beat
 Sep. 30 2022      1.93           1.99           Beat