ScanSource (NASDAQ:SCSC – Get Free Report) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.83 per share for the quarter. ScanSource has set its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
ScanSource (NASDAQ:SCSC – Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.14). The firm had revenue of $884.79 million for the quarter, compared to the consensus estimate of $943.10 million. ScanSource had a return on equity of 9.18% and a net margin of 2.45%. The firm’s revenue was down 12.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.06 EPS. On average, analysts expect ScanSource to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
ScanSource Trading Up 1.0 %
SCSC opened at $42.40 on Tuesday. ScanSource has a twelve month low of $26.14 and a twelve month high of $45.10. The firm has a market cap of $1.07 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 1.24 and a beta of 1.51. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.36 and a current ratio of 2.30. The firm’s fifty day moving average is $42.35 and its two-hundred day moving average is $38.18.
ScanSource Company Profile
ScanSource, Inc distributes technology products and solutions in the United States, Canada, and internationally. 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.
Read More
- Five stocks we like better than ScanSource
- High Flyers: 3 Natural Gas Stocks for March 2022
- 3 Trend-Following Entries for Income Investors
- What Does a Stock Split Mean?
- 3 Stocks Mega Investors Are Buying
- Dividend Payout Ratio Calculator
- Can Disney Stock Triple Before 2030?
Receive News & Ratings for ScanSource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ScanSource and related companies with MarketBeat.com's FREE daily email newsletter.
