Insight Enterprises Q2 Adj. EPS $2.56 Misses $2.58 Estimate, Sales $2.35B Miss $2.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Insight Enterprises reported Q2 adjusted earnings of $2.56 per share, missing the analyst consensus estimate of $2.58 by 0.78 percent. This is a 7.91 percent decrease from the same period last year. The company also reported quarterly sales of $2.35 billion, missing the analyst consensus estimate of $2.41 billion by 2.49 percent, a 4.86 percent decrease from the same period last year.
August 04, 2023 | 1:11 pm
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Insight Enterprises' Q2 earnings and sales missed estimates, with a YoY decrease in both earnings and sales.
Insight Enterprises reported lower than expected earnings and sales for Q2, which also decreased compared to the same period last year. This could negatively impact the company's stock price in the short term as it indicates a potential slowdown in the company's growth.
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