Scansource Inc expected to post earnings of 67  cents a share - Earnings Preview

ScanSource

07/05/2022 03:10

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Greenville South Carolina-based  company is expected
to
report  a 4.1% increase in revenue to $759.5 million from
$729.87 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Scansource Inc is
for
earnings of 67 cents per share. For the same quarter last year,
the company reported earnings of 71 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
$45​, above​ its last closing price of $34.37. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.86        0.85       1.02      Beat    19.5
 Sep. 30 2021  0.75        0.72       0.99      Beat    37.5
 Jun. 30 2021  0.68        0.57       0.96      Beat    67.4​
 Mar. 31 2021  0.56        0.53       0.71      Beat    34
 ​​Dec.        0.52        0.53       0.65      Beat    23.4
 31 2020                                                
 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
 This summary was machine generated May 7 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated