ScanSource (SCSC) Projected to Post Earnings on Thursday

ScanSource (NASDAQ:SCSCGet Free Report) will likely be posting its Q2 2026 results before the market opens on Thursday, February 5th. Analysts expect ScanSource to post earnings of $1.00 per share and revenue of $782.4570 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 10:30 AM ET.

ScanSource (NASDAQ:SCSCGet Free Report) last issued its earnings results on Thursday, November 6th. The industrial products company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.91 by $0.15. The company had revenue of $739.65 million for the quarter, compared to the consensus estimate of $787.37 million. ScanSource had a net margin of 2.48% and a return on equity of 9.72%. The firm’s revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.84 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 2.8%

Shares of ScanSource stock opened at $44.19 on Tuesday. ScanSource has a 12-month low of $28.75 and a 12-month high of $46.25. The stock has a market capitalization of $969.53 million, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 0.69 and a beta of 1.28. The company has a 50-day simple moving average of $40.94 and a 200 day simple moving average of $41.78. The company has a quick ratio of 1.32, a current ratio of 2.16 and a debt-to-equity ratio of 0.14.

Insiders Place Their Bets

In other news, CEO Michael L. Baur sold 9,559 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $40.82, for a total transaction of $390,198.38. Following the transaction, the chief executive officer owned 191,971 shares of the company’s stock, valued at $7,836,256.22. This represents a 4.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen Jones sold 5,020 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $42.30, for a total value of $212,346.00. Following the completion of the transaction, the chief financial officer owned 83,326 shares in the company, valued at approximately $3,524,689.80. This represents a 5.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,020 shares of company stock worth $1,035,669 over the last quarter. Corporate insiders own 3.18% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Amundi grew its position in shares of ScanSource by 35.1% during the 1st quarter. Amundi now owns 26,464 shares of the industrial products company’s stock worth $836,000 after buying an additional 6,880 shares during the period. AQR Capital Management LLC boosted its stake in ScanSource by 3.8% in the first quarter. AQR Capital Management LLC now owns 128,574 shares of the industrial products company’s stock valued at $4,373,000 after acquiring an additional 4,693 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in ScanSource by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,859 shares of the industrial products company’s stock valued at $471,000 after acquiring an additional 295 shares during the last quarter. Millennium Management LLC raised its position in shares of ScanSource by 8.4% during the 1st quarter. Millennium Management LLC now owns 259,808 shares of the industrial products company’s stock valued at $8,836,000 after acquiring an additional 20,086 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of ScanSource by 35.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 61,513 shares of the industrial products company’s stock valued at $2,092,000 after acquiring an additional 16,044 shares during the last quarter. 97.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SCSC shares. Wall Street Zen lowered shares of ScanSource from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Zacks Research cut ScanSource from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Barclays initiated coverage on ScanSource in a research report on Tuesday, October 7th. They issued an “equal weight” rating and a $43.00 price objective for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ScanSource in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $42.50.

Get Our Latest Stock Analysis on ScanSource

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.

See Also

Earnings History for ScanSource (NASDAQ:SCSC)

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