Ingram Micro Inc. (IM) Misses Q1 EPS by 2c, Provides Outlook
Tweet
Share
E-mailGet Alerts IM Hot Sheet
Join SI Premium – FREE
Ingram Micro Inc. (NYSE: IM) reported Q1 EPS of $0.41, $0.02 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $10.26 billion versus the consensus estimate of $10.1 billion.
For the 2013 second quarter, the company currently expects a 1 to 4 percent sequential increase in revenue, with consolidated gross margin flat to slightly up. The company's expectations are based on operating leverage, stronger contribution from higher margin areas, growth in emerging markets and continued recovery in Australia.
For earnings history and earnings-related data on Ingram Micro Inc. (IM) click here.
For the 2013 second quarter, the company currently expects a 1 to 4 percent sequential increase in revenue, with consolidated gross margin flat to slightly up. The company's expectations are based on operating leverage, stronger contribution from higher margin areas, growth in emerging markets and continued recovery in Australia.
For earnings history and earnings-related data on Ingram Micro Inc. (IM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BJ's Wholesale Club (BJ) Tops Q2 EPS by 19c, Beats on Revenue; Offers FY27 EPS Guidance
- Needham Reiterates Buy Rating on Napco Security Technologies, Inc. (NSSC)
- Ross Stores (ROST) Tops Q2 EPS by 72c, Beats on Revenue
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
