ScanSource (NASDAQ: SCSC) announces its next round of earnings this Tuesday, August 20. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of 82 cents and sales around $999.63 million.
In the same quarter last year, ScanSource posted a profit of 77 cents on sales of $993.85 million. The Wall Street estimate would represent a 6.49% increase in the company's earnings. Revenue would be up 0.58% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q3 2019||Q2 2019||Q1 2019||Q4 2018|
Over the last 52-week period, shares are down 25.98%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on ScanSource stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
ScanSource is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/mymrnxnp
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