Scansource Inc reports results for the quarter ended December 31 - Earnings Summary

ScanSource

30/01/2025 14:32

* Scansource Inc  SCSC.OQ  reported quarterly adjusted
earnings of
85 cents​​ per share for the quarter ended December 31,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for earnings of 91 cents
per share. Wall Street expected results to range from 87 cents
to 94 cents per share.
    * Revenue fell 15.5% to $747.50 million from a year ago;
analysts
expected $847.60 million. 
    * Scansource Inc's reported EPS for the quarter was 70
cents​.
    * The company reported quarterly net income of $17.05
million.
    * Scansource Inc shares had risen by 5.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the computer
hardware
peer group is also "hold"

Wall Street's median 12-month price target for Scansource Inc is
$57.00 
This summary was machine generated from LSEG data January 30 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.91           0.85           Missed
 Sep. 30 2024      0.78           0.84           Beat
 Jun. 30 2024      0.93           0.80           Missed
 Mar. 31 2024      0.84           0.69           Missed