Scansource Inc expected to post earnings of 57 cents a share - Earnings Preview

ScanSource

20/08/2021 21:30

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a rise
in quarterly revenue when it reports results on August 24. 
* The Greenville, South Carolina-based company is expected to
report   a 15.3% increase in revenue to $733.9 million from
$636.45 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 57 cents per share. For the same quarter last year,
the company reported earnings of 19 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "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​, about 16.9% above​ its last closing price
of $29.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.56        0.53       0.71      Beat    34
 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.          0.46​       0.46       0.37      Missed  -20.1​
 31​ 2020​                                              
 Dec. 31 2019  0.81        0.81       0.77      Missed  -4.9​
 Sep. 30 2019  0.73        0.73       0.72      Missed  -1.4
 Jun. 30 2019  0.82        0.82       0.71      Missed  -13.8
 This summary was machine generated August 20 at 20:30 GMT.  All
figures in US dollars unless otherwise stated