Scansource Inc expected to post earnings of 78 cents a share - Earnings Preview

ScanSource

06/11/2024 14:33

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Greenville South Carolina-based  company is expected
to
report a 8.7% decrease in revenue to $799.933 million from
$876.31 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Scansource Inc is for
earnings
of 78 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Scansource
Inc is
52.00​, above​ its last closing price of $44.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.85        0.93       0.80      Missed  -14.3
 Mar. 31 2024  0.83        0.84       0.69      Missed  -17.5
 Dec. 31 2023  0.97        0.97       0.85      Missed  -12.4​
 Sep. 30 2023  0.90        0.90       0.74      Missed  -18.1
 ​​Jun.        0.66        0.75       0.76      Beat    1.3
 30 2023                                                
 Mar. 31 2023  0.90        0.91       0.96      Beat    5.9​
 Dec. 31 2022  1.05        1.04       1.06      Beat    2.3
 Sep. 30 2022  1.05        1.05       1.07      Beat    2.2
 This summary was machine generated November 6 at 14:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)