Scansource Inc expected to post earnings of 85  cents a share - Earnings Preview

ScanSource

05/02/2022 01:38

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 8. 
    * The Greenville South Carolina-based  company is expected
to
report  a 4.5% increase in revenue to $847.6 million from $810.9
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 85 cents per share. For the same quarter last year,
the company reported earnings of 65 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​, about 29.3% above​ its last closing price of $31.82. ​​​
    * 

This summary was machine generated February 5 at 01:38 GMT.  All
figures in US dollars  unless otherwise stated