ScanSource reported fourth-quarter adjusted earnings per share of $1.46, topping analyst expectations by $0.32 and marking a 16% increase from the same period last year. Revenue totaled $953.11 million, surpassing the consensus estimate of $821.95 million by 16%.
The company’s stock closed at $51.42 on Friday, reflecting a 16.63% gain over the past three months and a 28.84% rise over the last 12 months. ScanSource’s financial performance contrasts with four negative EPS revisions recorded over the past 90 days, while no positive revisions were issued during the same period.
Analysts had anticipated adjusted EPS of $1.14 for the quarter, based on available estimates. The revenue beat underscores stronger-than-expected demand in ScanSource’s technology distribution segment, though the company’s guidance for the current quarter was not disclosed in the report.
