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

ScanSource

07/02/2023 14:32

* Scansource Inc  SCSC.OQ  reported quarterly adjusted
earnings of
$1.06​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $1.04 per share.
    * Revenue rose 17% to $1.01 billion from a year ago;
analysts
expected $929.20 million. 
    * Scansource Inc's reported EPS for the quarter was $1.01​.
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Scansource Inc shares had risen by 18.1% this quarter.
    * The company reported quarterly net income of $25.73
million.
    * Wall Street's median 12-month price target for Scansource
Inc is
$45.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.04           1.06           Beat
 Sep. 30 2022      1.05           1.07           Beat
 Jun. 30 2022      0.97           0.91           Missed
 Mar. 31 2022      0.67           1.04           Beat