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

ScanSource

23/08/2022 22:01

* Scansource Inc  SCSC.OQ  reported quarterly adjusted
earnings of
91 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
97 cents per share.
    * Revenue rose 12.9% to $962.28 million from a year ago;
analysts
expected $903.90 million. 
    * Scansource Inc's reported EPS for the quarter was 78
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
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 8.2% this quarter and
lost 4.0% so far this year.
    * The company reported quarterly net income of $19.95
million.
    * Wall Street's median 12-month price target for Scansource
Inc is
$44.50 
    * 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 August 23
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.97           0.91           Missed
 Mar. 31 2022      0.67           1.04           Beat
 Dec. 31 2021      0.85           1.02           Beat
 Sep. 30 2021      0.72           0.99           Beat