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Ingram Micro Inc. Message Board

  • S&P CAPITAL IQ MAINTAINS HOLD OPINION ON SHARES OF INGRAM MICRO INC.
    (S&P Capital IQ)
    IM posts Q3 operating EPS of $0.53, vs. $0.41, on revenues of $10.2B. Revenues are benefiting from two recent acquisitions. Once those anniversary, we expect low single-digit growth. We are seeing some strength in North America, although we believe competition remains intense, and we are keeping an eye on pricing. Although revenues were weak in the Asia/Pacific region, we are encouraged by improving results in Australia, which had lost market share, and widening operating margins. We see overall margins improving, reflecting the addition of the higher-margin mobility business.

 
IM
25.65+0.08(+0.31%)Apr 24 4:03 PMEDT