ScanSource Inc. Earnings Climb 32% In Q4

(RTTNews) - ScanSource Inc. (SCSC) revealed a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $17.3 million, or $0.68 per share. This was up from $13.1 million, or $0.51 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.5% to $917.3 million. This was up from $877.5 million last year.

ScanSource Inc. earnings at a glance:

-Earnings (Q4): $17.3 Mln. vs. $13.1 Mln. last year. -Earnings Growth (Y-o-Y): 32.1% -EPS (Q4): $0.68 vs. $0.51 last year. -EPS Growth (Y-o-Y): 33.3% -Analysts Estimate: $0.68 -Revenue (Q4): $917.3 Mln vs. $877.5 Mln last year. -Revenue Change (Y-o-Y): 4.5%

-Guidance: Next quarter EPS guidance: $0.74 - $0.80 Next quarter revenue guidance: $940 - $1000 Mln