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• Scansource Inc SCSC.OQ reported quarterly adjusted earnings of 80 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of three analysts for the quarter was for earnings of 93 cents per share. Wall Street expected results to range from 73 cents to $1.17 per share.

• Revenue fell 21.2% to $746.11 million from a year ago; analysts expected $843.14 million.

• Scansource Inc's reported EPS for the quarter was 64 cents​.

• The company reported quarterly income of $16.1 million.

• Scansource Inc shares had risen by 10.4% this quarter and gained 23.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the computer hardware peer group is also "hold"

Wall Street's median 12-month price target for Scansource Inc is $50.00

This summary was machine generated from LSEG data August 27 at 02:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)