Scansource Inc expected to post earnings of 93 cents a share - Earnings Preview

ScanSource

23/08/2024 14:10

* Scansource Inc  SCSC.OQ   SCSC.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 27 for the
period ending June 30 2024
    * The Greenville South Carolina-based  company is expected
to
report a 11.0% decrease in revenue to $843.143 million from
$947.15 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 93 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Scansource
Inc is
$50.00​, above​ its last closing price of $48.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              0.84       0.69      Missed  -17.5
 Dec. 31 2024  0.97        0.97       0.85      Missed  -12.4
 Sep. 30 2023  0.90        0.90       0.74      Missed  -18.1​
 Jun. 30 2023  0.66        0.75       0.76      Beat    1.3
 ​​Mar.        0.90        0.91       0.96      Beat    5.9
 31 2023                                                
 Dec. 31 2022  1.05        1.04       1.06      Beat    2.3​
 Sep. 30 2022  1.05        1.05       1.07      Beat    2.2
 Jun. 30 2022  0.98        0.97       0.91      Missed  -6.2
 This summary was machine generated August 23 at 13:10 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)