Ingram Micro Holding Corp reports results for the quarter ended June 30 - Earnings Summary

• Ingram Micro Holding Corp INGM.N reported quarterly adjusted earnings of 61 cents​​ per share for the quarter ended June 30. The mean expectation of eleven analysts for the quarter was for earnings of 59 cents per share. Wall Street expected results to range from 52 cents to 62 cents per share.

• Revenue was $12.79 billion​; analysts expected $11.98 billion.

• Ingram Micro Holding Corp's reported EPS for the quarter was 16 cents​.

• The company reported quarterly net income of $37.8 million.

• Ingram Micro Holding Corp shares had fallen by 7.7% this quarter and lost 0.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Ingram Micro Holding Corp is $25.00, about 24.5% above its last closing price of $18.88

This summary was machine generated from LSEG data August 7 at 12:54 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)