reaffirmed fourth-quarter guidance Wednesday, saying it expects to earn 32 cents to 36 cents a share on sales of $7 billion to $7.25 billion.
The Santa Ana, Calif., computer products distributor said its earnings target for the quarter ending Jan. 1 excludes any integration costs related to its acquisition of Tech Pacific. Ingram Micro closed its acquisition of Tech Pacific last month, creating what it called Asia-Pacific's largest technology distributor.
Analysts expect Ingram Micro to earn 35 cents a share on sales of $7.11 billion for the fourth quarter, which the company plans to report in late February.
On Wednesday, Ingram Micro slipped 46 cents to $20.