ScanSource, Inc. (NASDAQ:SCSC) is expected to report fourth quarter earnings results, after market close, on Monday 31st August 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.21 per share.
Looking ahead, the full year income are expected at $ 2.07 per share on the revenues of $ 3109.75 million.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 636.49 million ~ $ 636.49 million
Click Here For More Historical Outlooks Of ScanSource, Inc.
Previous Quarter Performance
ScanSource, Inc. came out with income for the third quarter of $ 0.37 per share, from the revenue of $ 872.48 million. The quarterly earnings 51.95 percent compared with the same quarter last year. Street analysts expected ScanSource, Inc. to report income of $ 0.46 per share on revenue of $ 737.85 million for the third quarter. The bottom line results missed street analysts by $ 0.09 or 19.57 percent, at the same time, top line results outshined analysts by $ 134.63 million or 18.25 percent.
Stock Performance
Shares of ScanSource, Inc. traded up $ 0.63 or 2.62 percent on Friday, reaching $ 24.66 with volume of 66.70 thousand shares. ScanSource, Inc. has traded high as $ 24.73 and has cracked $ 23.60 on the downward trend
According to the previous trading day, closing price of $ 24.66, representing a 74.38 % increase from the 52 week low of $ 13.78 and a 38.4 % decrease over the 52 week high of $ 39.01.
The company has a market capital of $ 625.03 million and is part of the Technology sector and Computer Distribution industry.
Conference Call
ScanSource, Inc. will be hosting a conference call at 5:00 PM eastern time on 31st August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/dqupc7fw
ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. It operates in two segments, Worldwide Barcode, Networking & Security (WW Barcode, Networking & Security); and Worldwide Communications & Services (WW Communications & Services).
