Market Overview

Earnings Outlook For ScanSource

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ScanSource (NASDAQ: SCSC) releases its next round of earnings this Tuesday, August 25. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Earnings and Revenue

Wall Street analysts see ScanSource reporting earnings of $0.21 per share on sales of $679.95 million. ScanSource reported a per-share profit of $0.71 when it published results during the same quarter last year. Sales in that period totaled $960.83 million. If the company were to report in-line earnings when it publishes results Tuesday, quarterly profit would be down 70.42%. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 0.46 0.81 0.73 0.82
EPS Actual 0.37 0.77 0.72 0.71
Revenue Estimate 737.85 M 965.90 M 957.93 M 999.63 M
Revenue Actual 872.48 M 989.50 M 1.01 B 960.83 M

Stock Performance

Over the last 52-week period, shares are down 9.64%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. ScanSource is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/dqupc7fw

 

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Posted-In: Earnings