Ingram Beats EPS, Guides Cautiously
Ingram Micro Inc. (NYSE:IM) has reported fourth-quarter 2011 earnings per share of 70 cents, surpassing the Zacks Consensus Estimate of 55 cents. However, the results were slightly down from 72 cents reported in the earlier-year quarter. Revenues Ingram Micro’s fourth quarter revenue of $9.95 billion increased 0.7% from $9.88 billion in the year-ago quarter. Weaker-than-expected [...]
Ingram Micro Inc. (NYSE:IM) has reported fourth-quarter 2011 earnings per share of 70 cents, surpassing the Zacks Consensus Estimate of 55 cents. However, the results were slightly down from 72 cents reported in the earlier-year quarter.
Revenues
Ingram Micro’s fourth quarter revenue of $9.95 billion increased 0.7% from $9.88 billion in the year-ago quarter. Weaker-than-expected revenues in Asia Pacific and Europe were offset by the strength in North America and Latin America.
Revenue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards