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

ScanSource

11/05/2021 24:45

* Scansource Inc  SCSC.OQ  reported quarterly adjusted earnings
of 71 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 53 cents per share.
* Revenue fell 2% to $729.87 million from a year ago​;  analysts
expected $729.00 million.
* Scansource Inc's reported EPS for the quarter was 54 cents​.
* The mean earnings estimate of analysts had risen by about 7.4%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Scansource Inc shares had risen by 7.9% this quarter and
gained 22.5% so far this year.
* The company reported quarterly net income of $13.79 million.
* Wall Street's median 12-month price target for Scansource Inc
is $35.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 10 at 11:44 p.m. GMT.
​All figures in $