Insight Enterprises shares are trading lower after the company reported Q3 earnings and sales that missed analyst estimates and lowered its FY2024 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Insight Enterprises shares fell after the company reported Q3 earnings and sales that missed analyst estimates and lowered its FY2024 adjusted EPS guidance.
October 31, 2024 | 4:07 pm
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NEGATIVE IMPACT
Insight Enterprises reported Q3 earnings and sales below analyst expectations and reduced its FY2024 adjusted EPS guidance, leading to a decline in share price.
The company's failure to meet earnings and sales expectations, along with a lowered EPS guidance, typically results in negative investor sentiment and a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100