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ScanSource Earnings Under Pressure | Business and Finance News
Description
ScanSource’s earnings report this Thursday brings mixed vibes: they crushed it last quarter with $766M in revenue and beat EPS, but this time expectations are lower—down 1.3% from last year after missing targets recently. While peers like Insight and Connection soar with strong growth and rising stocks, ScanSource’s own shares lag around $52, with analysts eyeing a $57 target. The call could reveal whether the tech distribution leader can pivot past recent dips and reignite investor confidence.
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