ScanSource (NASDAQ:SCSC – Get Free Report) is set to post its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect ScanSource to post earnings of $0.83 per share for the quarter. ScanSource has set its FY 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
ScanSource (NASDAQ:SCSC – Get Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.14). ScanSource had a net margin of 2.45% and a return on equity of 9.18%. The company had revenue of $884.79 million for the quarter, compared to the consensus estimate of $943.10 million. During the same quarter last year, the firm posted $1.06 earnings per share. The company’s revenue was down 12.5% compared to the same quarter last year. On average, analysts expect ScanSource to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
ScanSource Price Performance
NASDAQ SCSC opened at $42.87 on Monday. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 1.26 and a beta of 1.51. ScanSource has a 12 month low of $26.14 and a 12 month high of $45.10. The company’s 50 day moving average is $42.41 and its two-hundred day moving average is $38.52. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 0.17.
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.
See Also
- Five stocks we like better than ScanSource
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- MarketBeat Week in Review – 4/29 – 5/3
- 3 Fintech Stocks With Good 2021 Prospects
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Most active stocks: Dollar volume vs share volume
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
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.
