ScanSource CEO Michael L. Baur sold over $3.2 million worth of company stock in a series of transactions, while also acquiring shares through the exercise of stock options. The sales were made under a pre-arranged trading plan, and the company has recently reported mixed financial results.

ScanSource (SCSC) delivered earnings and revenue surprises of -17.86% and 8.50%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line in second-quarter fiscal 2024 on weak demand. The company also lowered its fiscal 2024 view.

ScanSource (SCSC) delivered earnings and revenue surprises of -14.14% and 7.68%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line on weak demand and higher interest expenses.

SCSC vs. SITE: Which Stock Is the Better Value Option?

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ScanSource (SCSC) expects net sales to grow at least by 3% in fiscal 2024.

Upgrades For Beazer Homes USA Inc (NYSE:BZH), Sidoti & Co. upgraded the previous rating of Neutral to Buy. Beazer Homes USA earned $1.42 in the third quarter, compared to $1.76 in the year-ago quarter. The stock has a 52-week-high of $35.93 and a 52-week-low of $9.48. At the end of the last trading period, Beazer Homes USA closed at $28.23. Morgan Stanley upgraded the previous rating for Brown-Forman Corp (NYSE:BF) from Underweight to Overweight. For Suncor Energy Inc (NYSE:SU), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. For the second quarter, Suncor Energy had an EPS of $0.71, compared to year-ago quarter EPS of $2.12. The current stock performance of Suncor Energy shows a 52-week-high of $37.22 and a 52-week-low of $26.44. Moreover, at the end of the last trading period, the closing price was at $32.55. UBS upgraded the previous rating for Vtex (NYSE:VTEX) from Neutral to Buy. In the second quarter, Vtex showed an EPS of $0.04, compared to $0.11 from the year-ago quarter. The current stock performance of Vtex shows a 52-week-high of $5.89 and a 52-week-low of $3.13. Moreover, at the end of the last trading period, the closing price was at $5.75. Craig-Hallum upgraded the previous rating for Citi Trends Inc (NASDAQ:CTRN) from Hold to Buy. In the second quarter, Citi Trends showed an EPS of $0.60, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $34.94 and a 52-week-low of $14.21. At the end of the last trading period, Citi Trends closed at $23.16. For Super Micro Computer Inc (NASDAQ:SMCI), Wedbush upgraded the previous rating of Underperform to Neutral. For the fourth quarter, Super Micro Computer had an EPS of $3.51, compared to year-ago quarter EPS of $2.62. At the moment, the stock has a 52-week-high of $357.00 and a 52-week-low of $50.36. Super Micro Computer closed at $258.09 at the end of the last trading period. B of A Securities upgraded the previous rating for Petroleo Brasileiro SA Petrobras (NYSE:PBR) from Neutral to Buy. In the second quarter, Petrobras Brasileiro showed an EPS of $0.90, compared to $1.68 from the year-ago quarter. The stock has a 52-week-high of $16.32 and a 52-week-low of $8.88. At the end of the last trading period, Petrobras Brasileiro closed at $13.52. According to Northcoast Research, the prior rating for ScanSource Inc (NASDAQ:SCSC) was changed from Neutral to Buy. In the fourth quarter, ScanSource showed an EPS of $0.76, compared to $0.91 from the year-ago quarter. At the moment, the stock has a 52-week-high of $35.50 and a 52-week-low of $25.75. ScanSource closed at $27.89 at the end of the last trading period. DA Davidson upgraded the previous rating for Louisiana-Pacific Corp (NYSE:LPX) from Neutral to Buy. For the second quarter, Louisiana-Pacific had an EPS of $0.55, compared to year-ago quarter EPS of $4.57. The current stock performance of Louisiana-Pacific shows a 52-week-high of $79.56 and a 52-week-low of $48.20. Moreover, at the end of the last trading period, the closing price was at $59.55. For Fulcrum Therapeutics Inc (NASDAQ:FULC), HC Wainwright & Co. upgraded the previous rating of Neutral to Buy. In the second quarter, Fulcrum Therapeutics showed an EPS of $0.38, compared to $0.83 from the year-ago quarter. The current stock performance of Fulcrum Therapeutics shows a 52-week-high of $15.00 and a 52-week-low of $2.25. Moreover, at the end of the last trading period, the closing price was at $5.43. According to Compass Point, the prior rating for TriplePoint Venture Growth BDC Corp (NYSE:TPVG) was changed from Sell to Neutral. In the second quarter, TriplePoint Venture Gwth showed an EPS of $0.53, compared to $0.41 from the year-ago quarter. The current stock performance of TriplePoint Venture Gwth shows a 52-week-high of $13.67 and a 52-week-low of $9.41. Moreover, at the end of the last trading period, the closing price was at $10.61. UBS upgraded the previous rating for Avery Dennison Corp (NYSE:AVY) from Neutral to Buy. In the second quarter, Avery Dennison showed an EPS of $1.92, compared to $2.64 from the year-ago quarter. The current stock performance of Avery Dennison shows a 52-week-high of $196.44 and a 52-week-low of $157.66. Moreover, at the end of the last trading period, the closing price was at $176.62. Edward Jones upgraded the previous rating for Dollar General Corp (NYSE:DG) from Hold to Buy. In the first quarter, Dollar Gen showed an EPS of $2.34, compared to $2.41 from the year-ago quarter. At the moment, the stock has a 52-week-high of $261.57 and a 52-week-low of $151.27. Dollar Gen closed at $159.83 at the end of the last trading period. For Suncor Energy Inc (NYSE:SU), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Suncor Energy earned $0.71 in the second quarter, compared to $2.12 in the year-ago quarter. The stock has a 52-week-high of $37.22 and a 52-week-low of $26.44. At the end of the last trading period, Suncor Energy closed at $32.55. See all analyst ratings upgrades. Downgrades For Dollar General Corp (NYSE:DG), OTR Global downgraded the previous rating of Positive to Mixed. Dollar Gen earned $2.34 in the first quarter, compared to $2.41 in the year-ago quarter. The stock has a 52-week-high of $261.57 and a 52-week-low of $151.27. At the end of the last trading period, Dollar Gen closed at $159.83. For Dick's Sporting Goods Inc (NYSE:DKS), Wedbush downgraded the previous rating of Outperform to Neutral. In the second quarter, Dick's Sporting Goods showed an EPS of $2.82, compared to $3.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $152.61 and a 52-week-low of $98.07. Dick's Sporting Goods closed at $111.53 at the end of the last trading period. According to B of A Securities, the prior rating for Dick's Sporting Goods Inc (NYSE:DKS) was changed from Buy to Neutral. In the second ...Full story available on Benzinga.com

ScanSource (SCSC) delivered earnings and revenue surprises of -13.64% and 3.24%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Velo3D, Inc. (VLD) delivered earnings and revenue surprises of -25% and 6.88%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Century (CENX) delivered earnings and revenue surprises of 233.33% and 10.42%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?