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

Insight Enterprises

02/05/2023 14:32

* Insight Enterprises Inc  NSIT.OQ  reported quarterly
adjusted
earnings of $1.78​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $1.86 per share.
    * Revenue fell 12.3% to $2.32 billion from a year ago;
analysts
expected $2.55 billion. 
    * Insight Enterprises Inc's reported EPS for the quarter was
$1.34​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Insight Enterprises Inc shares had fallen by 14.9% this
quarter and gained 21.3% so far this year.
    * The company reported quarterly net income of $49.97
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 May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      2.06           2.78           Beat