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Insight Enterprises Expects FY24 Adj EPS of $10.60-$10.90 (Prior $10.50-$10.80) Vs $10.61 Est

Author: Benzinga Newsdesk | May 02, 2024 08:04am

GUIDANCE

For the full year 2024, the Company now expects Adjusted diluted earnings per share to be between $10.60 and $10.90. We expect to deliver gross profit growth in the mid to high teens and expect that our gross margin will be approximately 19%.

This outlook assumes:

  • interest expense of $52 to $54 million;
  • an effective tax rate of 26% for the full year;
  • capital expenditures of $50 to $55 million; and
  • an average share count for the full year of 35.3 million shares.

Posted In: NSIT


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