ScanSource's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
ScanSource (NASDAQ:SCSC) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $0.75. The company's past performance shows a pattern of beating EPS estimates. However, the share price has generally decreased, with shares down 16.52% over the last 52-week period.
August 21, 2023 | 3:00 pm
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ScanSource is expected to report an EPS of $0.75 in its upcoming earnings. Despite consistently beating EPS estimates, the company's share price has been on a downward trend, decreasing by 16.52% over the past year.
ScanSource has a history of beating EPS estimates, which is generally a positive signal. However, the company's share price has been decreasing over the past year, indicating that the market may not be reacting positively to these earnings beats. This could be due to other factors such as the company's guidance or broader market trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100