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Stock impact report

ScanSource Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]

ScanSource, Inc. (SCSC) 
Last scansource, inc. earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: scansource.com/en/investors
Company Research Source: Yahoo! Finance
Net income: US$32.7m (up 27% from 2Q 2023). Profit margin: 3.7% (up from 2.5% in 2Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.31 (up from US$1.02 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period ScanSource EPS Beats Expectations, Revenues Fall Short Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) exceeded analyst estimates by 54%. Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are down 4.6% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 1 warning sign for ScanSource you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. Th Show less Read more
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