Insight Enterprises Sees FY21 Adj. EPS $6.75-$6.90 vs $6.72 Est.

For the full year 2021, the Company now expects to deliver net sales growth at the high-end of the previously stated guidance, which was between 4% and 8% over the prior year, and Adjusted diluted earnings per share is

For the full year 2021, the Company now expects to deliver net sales growth at the high-end of the previously stated guidance, which was between 4% and 8% over the prior year, and Adjusted diluted earnings per share is now expected to be between $6.75 and $6.90.

This outlook assumes

  • interest expense between $25 million and $28 million;
  • an effective tax rate of 25% to 26% for the full year 2021;
  • capital expenditures of $65 to $75 million, including the build out of our new corporate headquarters; and
  • an average share count for the full year of 35.5 million shares.
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