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Insight Enterprises (NSIT)
NASDAQ:NSIT
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.04Last Year’s EPS
2.37Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -4.60%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
Insight Enterprises faced a challenging year with revenue declines and significant impacts from cloud program changes. Despite these challenges, the company achieved growth in core services, expanded gross margins, and maintained strong cash flow. Strategic partnerships have been strengthened, and cost management initiatives resulted in substantial savings. However, the overall financial performance was mixed, with some areas of growth offset by declines in revenue and increased expenses.Company Guidance
During Insight Enterprises' fourth quarter 2024 earnings call, the company reported a 1% increase in gross profit, driven by a 12% rise in Insight Core Services. Gross margin expanded by 170 basis points to 21.2%, and adjusted diluted earnings per share reached $2.66. The company generated $215 million in cash flow from operations and completed SG&A actions resulting in $25 million in annualized reductions. For 2025, Insight anticipates mid-single-digit growth in hardware gross profit, with Insight Core Services expected to grow within the 16% to 20% range. Adjusted diluted EPS is projected to be between $9.70 and $10.10, with an expected gross margin of approximately 20%. Challenges include a $70 million impact from cloud partner program changes and increased interest expenses due to convertible note settlements. Despite these challenges, the company plans to leverage its enhanced service capabilities and expects increased traction from AI investments to drive further growth.Gross Profit and Margin Growth
Gross profit increased by 1%, driven by a 12% growth in Insight Core Services, and gross margin expanded by 170 basis points to 21.2%.
Strong Cash Flow
Cash flow from operations was $215 million for Q4 2024 and $633 million for the full year, marking the second consecutive year with over $600 million in cash flow.
Cloud and Core Services Growth
Cloud gross profit grew by 21%, and Insight Core Services gross profit increased by 15% for the full year.
Strategic Partnerships and Awards
Insight received numerous awards from partners like Microsoft and Google and entered into new strategic agreements with Microsoft, Google, and AWS.
Successful Cost Management
Completed SG&A actions resulting in approximately $25 million in annualized reductions.
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NSIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NSIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $174.00 | $169.30 | -2.70% |
| Oct 31, 2024 | $203.89 | $174.92 | -14.21% |
| Aug 01, 2024 | $224.50 | $197.76 | -11.91% |
| May 02, 2024 | $173.22 | $178.42 | +3.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Insight Enterprises (NSIT) report earnings?
Insight Enterprises (NSIT) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Insight Enterprises (NSIT) earnings time?
Insight Enterprises (NSIT) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NSIT EPS forecast?
NSIT EPS forecast for the fiscal quarter 2025 (Q1) is 2.04.
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