Save the date! Tuesday 27th August 2024, is when ScanSource (NASDAQ: SCSC) will be sharing its eagerly awaited fourth quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
the establishment is expected to report an estimated per share $0.93 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $843.14 million during this period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $3.36 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $3.27 during the fiscal year.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.76. Additionally, the company achieved a total revenue of $947.15 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.69 | -28.1% | 752.60 M | -15.0% |
| Q2 2024 | $0.85 | -19.8% | 884.79 M | -12.5% |
| Q1 2024 | $0.74 | -30.8% | 876.31 M | -7.2% |
| Q4 2023 | $0.76 | -16.5% | 947.15 M | -1.6% |
*Growth on year-over-year basis
SCSC will host a conference call with investment community on 27th August 2024 at 10:30 AM eastern time to discuss the financial results.
The previous trading day saw ScanSource (SCSC) shares trading between $46.92 and $49.85, besides a volume of 244.60 thousand shares. The stock closed Friday's regular trading session at $49.19, demonstrating 2.42 percent upturn.
