ScanSource Q2 sales and EPS miss analyst estimates

ScanSource

05/02/2026 13:37

Overview

Technology distributor's Q2 FY26 sales missed analyst expectations

Adjusted EPS for Q2 FY26 missed analyst expectations

Company announced leadership changes in board committees

Outlook

ScanSource revises FY26 net sales forecast to $3.0 bln-$3.1 bln from $3.1 bln-$3.3 bln

Company lowers FY26 adjusted EBITDA forecast to $140 mln-$150 mln from $150 mln-$160 mln

ScanSource maintains FY26 free cash flow forecast at least $80 mln

Result Drivers

RECURRING REVENUE GROWTH - Recurring revenue increased 15.9% year-over-year, contributing significantly to overall sales growth

SEGMENT PERFORMANCE - Specialty Technology Solutions and Intelisys & Advisory segments drove sales growth, with North America leading the increase

CASH FLOW STRENGTH - Company reported strong free cash flow, supporting its strategic goals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$766.51 mln
$779.40 mln (3 Analysts)
Q2 Adjusted EPS
Miss
$0.80
$1.01 (4 Analysts)
Q2 Adjusted Net Income
$17.61 mln
Q2 Adjusted EBITDA
$31.19 mln
Q2 Gross Profit
$102.91 mln
Q2 Operating Income
$17.87 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy"

Wall Street's median 12-month price target for Scansource Inc is $50.00, about 12.8% above its February 4 closing price of $44.33

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw1psJ9Ka

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)