ScanSource: Q3 Earnings Insights

ScanSource SCSC reported its Q3 earnings results on Tuesday, May 9, 2023 at 08:30 AM.

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

ScanSource beat estimated earnings by 5.49%, reporting an EPS of $0.96 versus an estimate of $0.91.

ScanSource SCSC reported its Q3 earnings results on Tuesday, May 9, 2023 at 08:30 AM.

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

ScanSource beat estimated earnings by 5.49%, reporting an EPS of $0.96 versus an estimate of $0.91.

Revenue was up $39.53 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 1.64% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	1.04	1.05	0.97	0.67
EPS Actual	1.06	1.07	0.91	1.04
Revenue Estimate	929.20M	911.05M	903.90M	759.50M
Revenue Actual	1.01B	943.81M	962.28M	845.99M

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.

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