Scansource Earnings Preview: Can This Streak Continue?
Scansource (NASDAQ:SCSC) will report earnings after markets close on Thursday, August 22nd. ScanSource, Inc. is a value-added wholesale distributor of specialty technology products to the reseller market. The Company provides automatic identification and point-of-sale products, as well as telephony and computer telephony integration products. ScanSource distributes its products in the United States and internationally.
Here is your Cheat Sheet to Scansource Earnings:
Earnings Expectations: Analysts expect earnings of $0.61 per share on revenues of $724.15 million. Currently, the company’s P/E ratio stands at 14.59.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.69 and has not changed. For the current year, the average estimate is a profit of $2.43, which is better than the estimate ninety days ago.
Here’s how Scansource has been performing on an annual basis:
|Revenue ($) in millions||1,848||2,115||2,667||3,015|
|Diluted EPS ($)||1.79||1.82||2.70||2.68|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||754.47||733.60||747.72||682.97|
|Diluted EPS ($)||0.71||0.63||0.59||0.50|
Scansource has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)