ScanSource (SCSC) Set to Announce Earnings on Thursday

ScanSource (NASDAQ:SCSCGet Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.77 per share for the quarter. ScanSource has set its FY 2025 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

ScanSource (NASDAQ:SCSCGet Free Report) last posted its earnings results on Tuesday, August 27th. The industrial products company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.13). ScanSource had a net margin of 2.36% and a return on equity of 8.32%. The business had revenue of $746.11 million for the quarter, compared to analyst estimates of $838.60 million. During the same quarter last year, the business earned $0.76 earnings per share. ScanSource’s revenue was down 21.2% on a year-over-year basis. On average, analysts expect ScanSource to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ScanSource Stock Up 1.6 %

Shares of SCSC opened at $44.19 on Tuesday. The firm has a market cap of $1.06 billion, a P/E ratio of 14.54, a PEG ratio of 1.34 and a beta of 1.42. ScanSource has a 12 month low of $27.86 and a 12 month high of $53.28. The stock’s 50 day moving average is $47.37 and its two-hundred day moving average is $46.61. The company has a current ratio of 2.10, a quick ratio of 1.33 and a debt-to-equity ratio of 0.15.

Wall Street Analyst Weigh In

Separately, Raymond James lowered shares of ScanSource from an “outperform” rating to a “market perform” rating in a report on Thursday, August 15th.

View Our Latest Analysis on ScanSource

ScanSource Company Profile

(Get Free Report)

ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. It operates through two segments, Specialty Technology Solutions and Modern Communications & Cloud. The Specialty Technology Solutions segment provides a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies.

Further Reading

Earnings History for ScanSource (NASDAQ:SCSC)

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