Equities Analysts Issue Forecasts for ScanSource Q2 Earnings

Key Points

• Sidoti Csr raised its Q2 2026 earnings per share estimate for ScanSource from $0.97 to $1.10, indicating increased confidence in the company's performance.
• ScanSource reported Q2 earnings of $1.02 per share, exceeding the consensus estimate of $0.91, with revenues of $812.89 million for the quarter.
• ScanSource's stock ratings have improved recently, with analysts upgrading it to a "buy" rating and setting a price target of $42.00.

ScanSource, Inc. (NASDAQ:SCSC - Free Report) - Research analysts at Sidoti Csr raised their Q2 2026 earnings per share estimates for ScanSource in a research report issued on Friday, August 22nd. Sidoti Csr analyst G. Burns now anticipates that the industrial products company will post earnings of $1.10 per share for the quarter, up from their previous estimate of $0.97. The consensus estimate for ScanSource's current full-year earnings is $3.33 per share. Sidoti Csr also issued estimates for ScanSource's Q4 2026 earnings at $1.11 EPS, FY2026 earnings at $3.97 EPS, Q1 2027 earnings at $1.06 EPS and Q3 2027 earnings at $1.07 EPS.

ScanSource (NASDAQ:SCSC - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The industrial products company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.11. The company had revenue of $812.89 million for the quarter, compared to analysts' expectations of $776.21 million. ScanSource had a return on equity of 9.38% and a net margin of 2.35%.The business's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. ScanSource has set its FY 2026 guidance at EPS.

Several other analysts have also recently weighed in on SCSC. Wall Street Zen upgraded ScanSource from a "hold" rating to a "buy" rating in a report on Saturday, July 12th. Northcoast Research upgraded ScanSource from a "neutral" rating to a "buy" rating and set a $42.00 price target on the stock in a report on Tuesday, May 6th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $42.00.

ScanSource Stock Performance

NASDAQ:SCSC opened at $44.63 on Monday. The stock has a market cap of $976.95 million, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 1.12 and a beta of 1.41. The company has a current ratio of 2.01, a quick ratio of 1.30 and a debt-to-equity ratio of 0.14. The stock's 50-day moving average is $41.42 and its 200-day moving average is $38.16. ScanSource has a 1-year low of $28.75 and a 1-year high of $53.90.

Hedge Funds Weigh In On ScanSource

Several institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC lifted its stake in ScanSource by 2.6% in the second quarter. Nisa Investment Advisors LLC now owns 10,145 shares of the industrial products company's stock valued at $424,000 after buying an additional 259 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 buying an additional 295 shares during the period. SummerHaven Investment Management LLC lifted its stake in ScanSource by 1.9% in the first quarter. SummerHaven Investment Management LLC now owns 18,409 shares of the industrial products company's stock valued at $626,000 after buying an additional 344 shares during the period. GAMMA Investing LLC lifted its stake in ScanSource by 25.5% in the first quarter. GAMMA Investing LLC now owns 1,944 shares of the industrial products company's stock valued at $66,000 after buying an additional 395 shares during the period. Finally, State of Alaska Department of Revenue lifted its stake in ScanSource by 3.3% in the second quarter. State of Alaska Department of Revenue now owns 12,357 shares of the industrial products company's stock valued at $516,000 after buying an additional 395 shares during the period. 97.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ScanSource

In related news, EVP Rachel Hayden sold 6,738 shares of ScanSource stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $41.27, for a total value of $278,077.26. Following the transaction, the executive vice president directly owned 13,174 shares of the company's stock, valued at $543,690.98. The trade was a 33.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.20% of the stock is currently owned by corporate insiders.

ScanSource Company Profile

ScanSource, Inc engages in the distribution of technology products and solutions in the United States, Canada, and Brazil. 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.

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