ScanSource (SCSC) Expected to Announce Quarterly Earnings on Thursday

ScanSource (NASDAQ:SCSC) is expected to issue its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $1.11 per share and revenue of $848.55 million for the quarter. Interested persons may visit the company’s upcoming Q1 2027 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:30 AM ET.

ScanSource (NASDAQ:SCSC) last announced its quarterly earnings data on Thursday, August 20th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.14 by $0.32. The business had revenue of $953.11 million during the quarter, compared to analyst estimates of $814.35 million. ScanSource had a return on equity of 10.10% and a net margin of 2.44%. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.02 earnings per share. On average, analysts expect ScanSource to post $4.90 EPS for the current fiscal year and $5.58 EPS for the next fiscal year.

ScanSource Stock Performance

Shares of ScanSource stock opened at $59.44 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $1.20 billion, a P/E ratio of 16.24, a P/E/G ratio of 0.83 and a beta of 1.25. The business has a fifty day simple moving average of $58.45 and a two-hundred day simple moving average of $47.67. ScanSource has a 12 month low of $33.76 and a 12 month high of $66.78.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen raised shares of ScanSource from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Barclays lifted their price target on shares of ScanSource from $43.00 to $51.00 and gave the company an “equal weight” rating in a research report on Monday, October 12th. Weiss Ratings raised shares of ScanSource from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Zacks Research lowered shares of ScanSource from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 20th. Finally, Northcoast Research cut shares of ScanSource from a “buy” rating to a “neutral” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $51.00.

Insider Buying and Selling

In related news, Director Charles Mathis sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $58.00, for a total transaction of $174,000.00. Following the completion of the transaction, the director owned 25,027 shares of the company’s stock, valued at $1,451,566. This trade represents a 10.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Stephen Jones sold 10,000 shares of ScanSource stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $56.76, for a total value of $567,600.00. Following the transaction, the chief financial officer owned 87,421 shares of the company’s stock, valued at $4,962,015.96. The trade was a 10.26% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 95,632 shares of company stock worth $5,484,582. 3.18% of the stock is currently owned by corporate insiders.

About ScanSource

ScanSource, Inc (NASDAQ: SCSC) is a technology distributor that connects manufacturers of business technology products with value-added resellers, systems integrators and other channel partners. The company provides products, services and expertise intended to help partners design, deploy and support technology solutions for business customers.

ScanSource’s offerings include point-of-sale and payment technology, barcode scanners, mobile computing devices, networking equipment, cybersecurity products, communications systems and cloud-based services.