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Insight Surges Over 20%

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May 12, 2009 |Comments: 0
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NSIT

Insight Enterprises Inc. (NSIT) surged as high as 23% today due to stronger-than-expected first-quarter EPS and a full-year earnings guidance above analysts' expectations.

Excluding items, earnings reached 8 cents per share, topping estimates by 7 cents. However, sales declined 14% to $951.2 million.

Insight projects adjusted profit between 80 cents and 87 cents for 2009. The consensus of 70 cents per share has remained static over the past 3 months.

Insight, currently a Zacks #3 Rank ("Hold") company, is trading on volume of nearly 400,000 shares, compared to its daily average of 347,295.

Read the full analyst report on NSIT

 
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