Scansource Inc expected to post earnings of 53  cents a share - Earnings Preview

ScanSource

07/05/2021 22:38

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a fall
in quarterly revenue when it reports results on May 10 .
* The Greenville, South Carolina-based company is expected to
report   a 2.1% decrease in revenue to $729 million from $744.61
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Scansource Inc is for
earnings of 53 cents per share. For the same quarter last year,
the company reported earnings of 37 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Scansource Inc
is $35.5​, about 11.1% above​ its last closing price
of $31.55. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.52        0.53       0.65      Beat    23.4
 Sep. 30 2020  0.32        0.35       0.42      Beat    21.2
 Jun. 30 2020  0.20        0.21       0.19      Missed  -10.9​
 Mar. 31 2020  0.46        0.46       0.37      Missed  -20.1
 Dec.          0.81​       0.81       0.77      Missed  -4.9​
 31​ 2019​                                              
 Sep. 30 2019  0.73        0.73       0.72      Missed  -1.4​
 Jun. 30 2019  0.82        0.82       0.71      Missed  -13.8
 Mar. 31 2019  0.78        0.78       0.77      Missed  -1.3
 This summary was machine generated May 7 at 21:38 GMT.  All
figures in US dollars unless otherwise stated