Insight Enterprises Inc reports results for the quarter ended March 31 - Earnings Summary

Insight Enterprises

01/05/2025 14:33

Insight Enterprises Inc NSIT.OQ reported quarterly adjusted earnings of $2.06​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.37.  The mean expectation of four analysts for the quarter was for earnings of $2.01 per share. Wall Street expected results to range from $1.95  to $2.16 per share.

Revenue fell 11.6% to $2.10 billion from a year ago; analysts expected $2.19 billion.

Insight Enterprises Inc's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $7.51 million.

Insight Enterprises Inc shares had fallen by 7.8% this quarter and lost 9.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is  "hold."

Wall Street's median 12-month price target for Insight Enterprises Inc is $177.55

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
2.01
2.06
Beat
Dec. 31 2024
2.53
2.66
Beat
Sep. 30 2024
2.37
2.19
Missed
Jun. 30 2024
2.82
2.46
Missed