Ingram Beats EPS, Misses Rev
Ingram Micro Inc. (NYSE:IM) has reported first-quarter 2012 earnings per share of 59 cents that blew past the Zacks Consensus Estimate of 39 cents. The results were 71.8% higher than 34 cents reported in the earlier-year quarter. The beat was mostly attributable to cost control efforts as well as a tax benefit. Revenues Ingram Micro’s [...]
Ingram Micro Inc. (NYSE:IM) has reported first-quarter 2012 earnings per share of 59 cents that blew past the Zacks Consensus Estimate of 39 cents. The results were 71.8% higher than 34 cents reported in the earlier-year quarter. The beat was mostly attributable to cost control efforts as well as a tax benefit.
Revenues
Ingram Micro’s first quarter revenue of $8.64 billion decreased 1.0% from $8.72 billion in the year-ago quarter. The result was below the Zacks Consensus Estimate of $8.68 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards