Insight Enterprises Q3 Adjusted EPS, Net Sales Decrease; 2024 Adjusted EPS Guidance Lowered

MT Newswires Live

2024-10-31

Insight Enterprises (NSIT) shares were down over 7% in recent Thursday trading after the company reported Q3 adjusted earnings of $2.19 per diluted share, down from $2.37 a year earlier.

Analysts polled by Capital IQ expected $2.37.

Net sales for the quarter ended Sept. 30 were $2.09 billion, down from $2.27 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.34 billion.

The company said it now expects 2024 adjusted EPS between $9.40 and $9.70 compared with a prior outlook of $10.60 to $10.90 per share.

Analysts polled by Capital IQ expect $10.68.

Price: 189.12, Change: -14.77, Percent Change: -7.24

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