Insight Enterprises Inc. (NSIT) Releases FY14 Earnings Guidance
Insight Enterprises Inc. (NASDAQ:NSIT) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.97-2.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.03, StockRatingsNetwork.com reports.
Insight Enterprises Inc. (NASDAQ:NSIT) traded down 0.04% on Thursday, hitting $26.11. The stock had a trading volume of 220,363 shares. Insight Enterprises Inc. has a one year low of $16.04 and a one year high of $27.75. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $23.29. The company has a market cap of $1.084 billion and a price-to-earnings ratio of 15.93.
Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, May 1st. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.29 by $0.01. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that Insight Enterprises Inc. will post $2.03 EPS for the current fiscal year.
Insight Enterprises, Inc (NASDAQ:NSIT) is a global provider of information technology (IT) solutions to businesses and public sector institutions.
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