ScanSource (SCSC) Reports In-Line Q4 EPS, Beats on Revenues; Offers 1Q18 EPS Guidance Below Consensus, 1Q18 Revenue Guidance Above Consensus

ScanSource (NASDAQ: SCSC) reported Q4 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $917.3 million versus the consensus estimate of $894.17 million.

Forecast for Next Quarter

For the first quarter of fiscal year 2018, ScanSource expects net sales to range from $940 million to $1.0 billion, diluted earnings per share to range from $0.49 to $0.55 per share, and non-GAAP diluted earnings per share to range from $0.74 to $0.80 per share. Non-GAAP diluted earnings per share exclude amortization of intangible assets, change in fair value of contingent consideration and acquisition costs.

GUIDANCE:

ScanSource sees Q1 2018 EPS of $0.74-$0.80, versus the consensus of $0.81. ScanSource sees Q1 2018 revenue of $940-1000 million, versus the consensus of $938.24 million.

For earnings history and earnings-related data on ScanSource (SCSC) click here.

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