ScanSource Q1 Adj. EPS $0.86 Misses $1.12 Estimate, Sales $962.294M Beat $859.500M Estimate

ScanSource (NASDAQ:SCSC) reported quarterly earnings of $0.86 per share which missed the analyst consensus estimate of $1.12 by 23.21 percent. This is a 18.87 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $962.294 million which beat the analyst consensus estimate of $859.500 million by 11.96 percent. This is a 30.10 percent increase over sales of $739.650 million the same period last year.