Insight Enterprises (Nasdaq: NSIT ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Insight Enterprises met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted slightly and GAAP earnings per share shrank significantly.
Gross margins increased, operating margins shrank, net margins contracted.
Insight Enterprises tallied revenue of $1.35 billion. The two analysts polled by S&P Capital IQ foresaw sales of $1.34 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
EPS came in at $0.49. The two earnings estimates compiled by S&P Capital IQ predicted $0.57 per share. GAAP EPS of $0.46 for Q4 were 41% lower than the prior-year quarter's $0.78 per share.
For the quarter, gross margin was 13.4%, 20 basis points better than the prior-year quarter. Operating margin was 2.9%, 30 basis points worse than the prior-year quarter. Net margin was 1.5%, 100 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.22 billion. On the bottom line, the average EPS estimate is $0.38.
Next year's average estimate for revenue is $5.46 billion. The average EPS estimate is $2.29.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 108 members out of 118 rating the stock outperform, and 10 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Insight Enterprises a green thumbs-up, and one give it a red thumbs-down.
Looking for alternatives to Insight Enterprises? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Insight Enterprises to My Watchlist.