ScanSource (SCSC) Projected to Post Earnings on Thursday

ScanSource (NASDAQ:SCSCGet Free Report) is expected to be issuing its Q3 2026 results before the market opens on Thursday, May 7th. Analysts expect ScanSource to post earnings of $0.91 per share and revenue of $738.55 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:30 AM ET.

ScanSource (NASDAQ:SCSCGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The industrial products company reported $0.80 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.20). ScanSource had a return on equity of 9.35% and a net margin of 2.44%.The business had revenue of $766.51 million for the quarter, compared to the consensus estimate of $782.46 million. During the same period in the previous year, the firm earned $0.85 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, analysts expect ScanSource to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ScanSource Stock Up 2.3%

Shares of SCSC stock traded up $0.93 during trading hours on Tuesday, hitting $42.20. 75,614 shares of the company’s stock traded hands, compared to its average volume of 215,091. The company has a quick ratio of 1.22, a current ratio of 1.96 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $37.42 and its two-hundred day simple moving average is $39.46. ScanSource has a 12-month low of $33.76 and a 12-month high of $46.25. The stock has a market cap of $906.48 million, a price-to-earnings ratio of 12.91, a PEG ratio of 0.70 and a beta of 1.28.

Analysts Set New Price Targets

SCSC has been the subject of a number of analyst reports. Wall Street Zen lowered ScanSource from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Zacks Research upgraded ScanSource from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, ScanSource currently has an average rating of “Hold” and an average price target of $42.50.

Read Our Latest Stock Report on ScanSource

Insider Buying and Selling at ScanSource

In other ScanSource news, CEO Michael L. Baur sold 3,827 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $35.89, for a total transaction of $137,351.03. Following the transaction, the chief executive officer owned 157,512 shares in the company, valued at approximately $5,653,105.68. This represents a 2.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles Alexander Mathis purchased 6,000 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were bought at an average cost of $35.20 per share, for a total transaction of $211,200.00. Following the acquisition, the director owned 24,793 shares in the company, valued at approximately $872,713.60. The trade was a 31.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.18% of the company’s stock.

Institutional Investors Weigh In On ScanSource

A number of hedge funds have recently added to or reduced their stakes in SCSC. Wasatch Advisors LP grew its holdings in shares of ScanSource by 34.9% in the third quarter. Wasatch Advisors LP now owns 1,139,573 shares of the industrial products company’s stock worth $50,130,000 after acquiring an additional 294,624 shares during the period. Geode Capital Management LLC boosted its position in ScanSource by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 562,109 shares of the industrial products company’s stock worth $21,960,000 after purchasing an additional 13,318 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of ScanSource by 18.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 538,021 shares of the industrial products company’s stock valued at $21,015,000 after purchasing an additional 81,909 shares during the period. Invesco Ltd. increased its position in shares of ScanSource by 56.5% during the 4th quarter. Invesco Ltd. now owns 439,442 shares of the industrial products company’s stock valued at $17,165,000 after purchasing an additional 158,722 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of ScanSource by 65.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 389,915 shares of the industrial products company’s stock valued at $17,152,000 after purchasing an additional 154,518 shares during the last quarter. 97.91% of the stock is currently owned by hedge funds and other institutional investors.

About ScanSource

(Get Free Report)

ScanSource, Inc is a global provider of technology products and solutions designed to help businesses enhance operational efficiency and customer engagement. The company specializes in the distribution of point-of-sale (POS) systems, barcode and data capture devices, networking and communications equipment, and value-added software and cloud services. By combining hardware, software and professional services, ScanSource supports channel partners in delivering end-to-end solutions across multiple industries, including retail, hospitality, healthcare and logistics.

Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource has built a broad international footprint, serving customers throughout North, Central and South America as well as Europe, the Middle East and Africa.

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Earnings History for ScanSource (NASDAQ:SCSC)

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