Computers Wholesale
(IM) Ingram Micro Incorporated – Bear of the Day
Ingram Micro (IM) is one of the world’s largest distributors of IT products. The company failed to impress with its third quarter 2011 results. Moreover, the soft retail sector in Europe and the Asia-Pacific,...
(IM) Ingram Micro Earnings Report In Line with Estimates
Ingram Micro Inc. (IM) has reported third-quarter 2011 earnings per share of 35 cents, just matching the Zacks Consensus Estimate.
Revenues
Ingram Micro’s third quarter revenue...
(IM) Ingram Micro in Twin Distribution Deals
Ingram Micro Inc. (IM) sealed two distributor deals in two days. The leading distributor of information technology (IT) entered into agreements with Revolabs Inc., a provider of wireless audio products, and...
(IM) Ingram Micro Misses Estimates – Outlook Dull
Ingram Micro Inc. (IM) reported adjusted first-quarter 2011 earnings per share of 34 cents, failing to meet the Zacks Consensus Estimate of 46 cents. Management held transitional difficulties to a new enterprise...
(IM) Ingram Micro Fourth Quarter 2010 Earnings Beat on Strong Revenues
Ingram Micro Inc. (IM) reported adjusted fourth-quarter 2010 earnings per share of 72 cents, exceeding the Zacks Consensus Estimate of 67 cents. Despite the beat, shares slid 3.7% in the after-market trade,...
(TECD) Tech Data Analyst Maintains Neutral Rating on Shares
We maintain a Neutral recommendation on Tech Data Corp. (TECD).
Tech Data’s second quarter 2011 results beat the Zacks Consensus Estimate and recorded the most profitable second quarter in the company’s...
(TECD) Tech Data Expands Consumer Electronics Product Offerings
Tech Data Corporation (TECD) will be offering 3D TVs and Lenovo’s IdeaPad laptop PCs to retailers in the consumer electronics market, thereby expanding its consumer electronics product offering and diversifying...
(TECD) Tech Data Corporation Earnings Scorecard
Tech Data Corp. (TECD) reported better-than-expected results for the fiscal fourth quarter 2010 on March 2, beating the Zacks Consensus Estimate by a huge difference of $1.01 per share, posting a surprise...
(IM) Ingram Micro Incorporated – Another Earnings Surprise
Ingram Micro Inc (IM) just reported another earnings surprise and analysts are raising their forecasts.
Company Description
Ingram Micro provides marketing, logistic, technical...
(TECD) Tech Data Corporation Outperforms Earnings Expectations
Tech Data Corp. (TECD) announced encouraging results for the fourth quarter of fiscal 2010. Net income was $70.1 million compared to $57.0 million in the year-ago quarter. Earnings per share (EPS) were $1.35...
(IM) Ingram Micro Earnings Report Exceeds Expectations
Ingram Micro (IM) reported fourth quarter 2009 EPS of 64 cents, exceeding the Zacks Consensus Estimate of 52 cents per share.
Revenues
The company reported fourth-quarter 2009...
(TECD) Tech Data Corporation – Bullish Forecasts – New Share Buyback Announced
Tech Data Corp. (TECD), which recently announced $100 million share buyback, is seeing bullish earnings forecasts on a solid fiscal third-quarter. The full-year Zacks Consensus Estimate of $3.17 per share...
(TECD) Tech Data Corporation – Bull of the Day
Tech Data (TECD) reported better-than-expected results for the third quarter, beating the Zacks Consensus Estimates. Moreover, the company gave encouraging revenue guidance for the upcoming quarter. We expect...
(TECD) Tech Data Corporation Upped to Outperform
We upgrade Tech Data Corporation (TECD) from Neutral to Outperform indicating that it would perform above the market. The shares trade at a premium to the industry leader, Ingram Micro Inc...
(IM) Ingram Micro Inc – Surprised by 45% in the Third Quarter
Ingram Micro Inc. (IM) saw sequential sales rise 12% in the third quarter as the global economy improved. The company trades with a forward P/E of 14.
Company Description
Ingram...
(TECD) Tech Data Corp Beats Expectations – Ups Guidance
Tech Data Corp. (TECD) announced encouraging financial results for the third quarter of fiscal 2010. Net income was $43.1 million compared to $16.8 million in the year-ago quarter. Earnings per share (EPS)...
(IM) Ingram Micro Delivers Decent Quarterly Numbers
Ingram Micro (IM) reported third-quarter EPS of 25 cents, exceeding the Zacks Consensus Estimate of 20 cents.
Revenues
The company reported...
(TECD) Tech Data Outperforms – value-added resellers accounted for 50% of second quarter revenue
Tech Data Corp. (TECD) has declared encouraging financial results for the second quarter of fiscal 2010. Total revenue was $5.2 billion compared to $6.2 billion in the prior-year quarter. However, this was above the Zacks Consensus Estimate of $5.04 billion.
The...