ScanSource: Q3 Earnings Insights

ScanSource SCSC reported its Q3 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

ScanSource beat estimated earnings by 55.22%, reporting an EPS of $1.04 versus an estimate of $0.67.

Revenue was up $116.12 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 1.68% increase in the share price the next day.

Here's a look at ScanSource's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.85	0.72	0.57	0.49
EPS Actual	1.02	0.99	0.96	0.71
Revenue Estimate	847.60M	812.40M	733.90M	729.00M
Revenue Actual	864.35M	857.31M	852.69M	729.87M

To track all earnings releases for ScanSource visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.