ScanSource (NASDAQ:SCSC - Get Free Report) will release its earnings data 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.Persons that wish to register for the company's earnings conference call can do so using this link.
ScanSource (NASDAQ:SCSC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.85 EPS for the quarter, missing analysts' consensus estimates of $0.99 by ($0.14). ScanSource had a return on equity of 9.18% and a net margin of 2.45%. The firm had revenue of $884.79 million for the quarter, compared to analyst estimates of $943.10 million. During the same period in the prior year, the firm posted $1.06 EPS. The business'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 Stock Performance
SCSC traded down $0.78 on Tuesday, reaching $41.62. 117,497 shares of the stock were exchanged, compared to its average volume of 205,135. The company's 50-day moving average price is $42.35 and its 200 day moving average price is $38.25. ScanSource has a fifty-two week low of $26.14 and a fifty-two week high of $45.10. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.36. The firm has a market capitalization of $1.05 billion, a PE ratio of 12.18, a PEG ratio of 1.24 and a beta of 1.51.
About ScanSource
(
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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.
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