A number of stocks jumped in the afternoon session after markets continued to rally as investor optimism grew for a potential Federal Reserve interest rate cut in September. This optimism was largely fueled by a recent consumer price index report that showed inflation easing, along with public comments from Treasury Secretary Scott Bessent advocating for a significant 50-basis-point rate cut. The prospect of lower borrowing costs tends to boost rate-sensitive sectors like Business Services, as it can encourage companies to increase spending on consulting, IT projects, and staffing.
IT distribution giant Ingram Micro (NYSE:INGM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 10.9% year on year to $12.79 billion. On the other hand, next quarter’s revenue guidance of $12.13 billion was less impressive, coming in 1.1% below analysts’ estimates. Its GAAP profit of $0.16 per share was 59.8% below analysts’ consensus estimates.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
IT distribution giant Ingram Micro (NYSE:INGM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 10.9% year on year to $12.79 billion. On the other hand, next quarter’s revenue guidance of $12.13 billion was less impressive, coming in 1.1% below analysts’ estimates. Its GAAP profit of $0.16 per share was 60.3% below analysts’ consensus estimates.
A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report was released, fueling concerns about a slowing economy. The U.S. economy added only 73,000 jobs, falling significantly short of economists' expectations, while figures for May and June were revised down, erasing 258,000 previously reported jobs. The professional and business services industry itself shed 14,000 jobs. This data points to a cooling labor market, fueling concerns of a slowing economy. A weaker economic outlook often leads to reduced corporate spending on key services like IT consulting and professional staffing, which directly impacts the sector's revenue and growth prospects. The report immediately increased investor expectations of an interest rate cut by the Federal Reserve.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry has tumbled by 3.1%. This drop was discouraging since the S&P 500 returned 5.7%.
A number of stocks jumped in the afternoon session after a new trade agreement between the United States and Japan spurred a broad market rally. The positive sentiment swept across markets after it was announced the U.S. and Japan had reached a new trade deal. The agreement included a 15% tariff on Japanese goods imported into the U.S. and a commitment from Japan to invest $550 billion in the U.S. and open its markets to American cars and agricultural products. This development boosted investor confidence and contributed to a widespread rally, lifting stocks across many sectors. The Dow Jones Industrial Average and the S&P 500 both posted gains, creating a favorable environment that likely benefited individual stocks.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
IT distribution giant Ingram Micro (NYSE:INGM) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 8.3% year on year to $12.28 billion. Guidance for next quarter’s revenue was better than expected at $11.97 billion at the midpoint, 1.4% above analysts’ estimates. Its GAAP profit of $0.29 per share was 26.9% below analysts’ consensus estimates.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Ingram Micro (NYSE:INGM) and the rest of the it distribution & solutions stocks fared in Q1.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
IT distribution giant Ingram Micro (NYSE:INGM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 8.3% year on year to $12.28 billion. Guidance for next quarter’s revenue was better than expected at $11.97 billion at the midpoint, 1.4% above analysts’ estimates. Its GAAP profit of $0.29 per share was 28% below analysts’ consensus estimates.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the it distribution & solutions industry, including Avnet (NASDAQ:AVT) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at it distribution & solutions stocks, starting with Connection (NASDAQ:CNXN).
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the it distribution & solutions industry, including Ingram Micro (NYSE:INGM) and its peers.
Shareholders of Ingram Micro would probably like to forget the past six months even happened. The stock dropped 33.8% and now trades at $16.29. This was partly due to its softer quarterly results and might have investors contemplating their next move.
