Market Overview

ScanSource's Earnings Outlook

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ScanSource (NASDAQ: SCSC) releases its next round of earnings this Monday, August 31. Here's Benzinga's essential guide to ScanSource's Q4 earnings report.

Earnings and Revenue

ScanSource EPS is expected to be around $0.21, according to sell-side analysts. Sales will likely be near $679.95 million. In the same quarter last year, ScanSource reported earnings per share of $0.71 on sales of $960.83 million. If the company were to match the consensus estimate when it reports Monday, earnings per share would be down 70.42%. Sales would be down 7.85% from the same quarter last year. 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 9.7%. Given that these returns are generally negative, long-term shareholders are probably unhappy 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