$SCSC

Scansource, Inc.

  • NASDAQ
  • Distribution Services
  • Electronics Distributors
  • Wholesale Trade
  • Business to Business Electronic Markets

PRICE

$34.11 -

Extented Hours

VOLUME

88,120

DAY RANGE

33.52 - 34.45

52 WEEK

28.4 - 41.01

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@DarkPoolAlgo #Dark Pool Charts
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Upside momentum continues with S&P futures edging higher, looking to make it a 9th straight day of gains overall, and the Nasdaq Composite looking at an 11th straight day of advances, with no signs of caution by investors heading into key inflation data today and tomorrow. The producer price index (PPI) for October is expected at 8:30 AM, and the consumer price index (CPI) tomorrow, but still no concerns exhibited in the bond market with the 10-year yield at its lowest level in 2-weeks around 1.45%, while gold prices are steady at $1,829 an ounce. The S&P 500 closed at an all-time high for the eighth consecutive session last night, extending the longest winning streak since 1997, as investors added the impact of $1 trillion in fresh government stimulus. That coupled with removed travel lockdowns, a strong earnings season, and positive vaccine news has boosted stocks over the last month. In Asian markets, The Nikkei Index fell -0.75% to 29.285, the Shanghai Index gained 0.24% to settle at 3,507 and the Hang Seng Index rose 0.2% to 24,813. In Europe, the German DAX is up 45 points to 16,090, while the FTSE 100 rise 0.2% to 7,313. Stocks keep pushing higher, making new all time highs each day the past week for the Dow, Nasdaq, S&P 500 and Russell 2000. Events Calendar for Today 6:00 AM ET NFIB Small Business Optimism Index for Oct 7:45 AM ET ICSC Weekly Retail Sales 8:30 AM ET Producer Price Index MoM for October…est. 0.6% 8:30 AM ET Producer Price Index YoY for Oct…est. 8.7% 8:30 AM ET PPI Ex: Food & Energy MoM for October…est. 0.5% 8:30 AM ET PPI Ex Food & Energy YoY for October…est. 6.8% 8:55 AM ET Johnson/Redbook Weekly Sales 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: AFI, AGEN, APRN, BSY, CAH, CCO, CEVA, CNCE, CORR, CSII, CTG, DRNA, EBIX, ECOM, FSS, HAE, HAIN, HCI, HGV, HRMY, IGT, IIVI, ITCI, KPLT, MIDD, MRNS, MRSN, MSGE, OCGN, OSG, OWL, PLTR, PRPL, PRTY, SEAS, SSTI, STWD, SYY, TGI, VCEL, WHF, WKHS, WNC, WRK, XPEL Earnings After the Close: ACHV, AIRG, ALTO, ARLO, ASH, AVID, AXON, CALA, CCXI, CLPT, CNNE, COIN, CPRX, CPSI, CRIS, DAR, DASH,DNUT, DOCS, DSP, DV, EGAN, ELY, EPAY, EPM, EVBG, FC, FGEN, FLGT, FUBO, G, GO, HCKT, HYLN, ID, INO, KODK, LAW, LGND, LPRO, MCFE, MNKD, MODN, NVTS, OCX, ORGO, PAR, PAY, PAYS, PLUG, POSH, PUBM, PXLW, REI, RNG, RPAY, SAIL, SCSC, SEER, SGMS, SILK, SKIN, TMDX, TWNK, TWOU, U, UPST, VERI, VRM, VZIO, WES, WYNN Other Key Events: Baird 51st Annual Global Industrial Conference, 11/9-11/12 (virtual) Bank America 2021 Banking & Financials Conference, 11/9-11/10 (virtual) Cowen 7th Annual Software Bus Tour, 11/9/110 (virtual) Credit Suisse 30th Annual Healthcare Conference, 11/8-11/11 (virtual) JPMorgan Global Consumer, Retail & Luxury Conference, 11/8-11/11 (virtual) EEI Financial Conference, 11/7-11/9 (virtual) REITWorld 2021 Annual Conference, 11/9-11/12 (virtual) China PPI, CPI and M2 Money Supply for October Sector News Breakdown Consumer AMC Entertainment ($AMC) Q3 EPS ($0.44) vs est. ($0.53) on revenue $763.2M vs est. $708.3M; currently has liquidity availability over $1.8B, does not anticipate the need to borrow under revolver lines over the next 12 months CarLotz ($LOTZ) 3Q EPS ($0.03) vs est. ($0.21) on revs $68Mm vs est. $55.2Mm, will continue to open new hubs in 2022, though fewer than in 2021; says expects sequential qtrly improvement in retail units sold and retail GPU in 4Q Clarus Corp ($CLAR) 3Q adj EPS $0.50 vs est. $0.48 on sales $109Mm vs est. $106.1Mm; guides FY sales $362.5Mm vs est. $359.7Mm Freshpet ($FRPT) shares fell -14%; Q3 EPS (5c) vs est. 7c profit on revenue $107.6M vs est. $115.5M; now sees FY sales approx. $445M from prior guidance of sales exceeding $445M, adj EBITDA approx. $50M from prior view above $61M Hertz ($HTZZ)5M share Secondary priced at $29.00 R. Horton ($DHI) Q4 EPS $3.70 vs. est. $3.40; Q4 revs $8.1B vs. est. $7.94B; consolidated pre-tax profit margin improved 480 basis points to 21.3% and consolidated pre-tax income increased 63% to $1.7B; Q4 net sales orders down 33% to 15,949 homes; sees FY22 revenue $32.5B-$33.5B above consensus $32.22B International Flavors & Fragrances Inc. ($IFF) Q3 EPS $1.47 vs. est. $1.16; Q3 revs $3.07B vs. est. $2.61B; sees FY21 revs $11.55B vs. est. $10B; sees FY21 adjusted operating EBITDA margin 21% Inter Parfums ($IPAR) Q3 EPS $1.20 vs. est. $0.68; Q3 revs $263M vs. est. $262.69M; said our largest brands, notably Montblanc, Jimmy Choo, Coach, GUESS and Lanvin performed exceptionally well in the Q3 turning in gains of 26%, 40%, 98%, 27%, and 37%, respectively, as compared to 2019’s third quarter Jack Henry Associates ($JKHY) 1Q EPS $1.38 vs est. $1.32 on revs $488.1Mm vs est. $489.4Mm; guides FY adj revs $1.87-1.875B vs est. $1.91B, sees FY EPS $4.64-4.73 vs est. $4.59 Masonite ($DOOR) 3Q adj EPS $1.99 vs est. $1.87 on revs $652Mm vs est. $675Mm; guides FY adj EPS $7.95-8.25 vs est. $8.13, sees FY sales +15-17% vs est. +18.6% RealReal ($REAL) Q3 adj EPS ($0.47) vs est. ($0.50) on revenue $119M vs est. $113.3M, adj EBITDA ($31.5M) vs est. ($36M), gross profit per order $94 vs $90 YoY, GMV $368M was +50% vs 2020 and +46% vs 2019, orders 757k (+38% YoY) ThredUp ($TDUP) 3Q EPS ($0.15) vs est. ($0.16) on revs $63.3Mm vs est. $61.8Mm, qtrly active buyers 1.4Mm and orders 1.3Mm (+14% and 28%, respectively); guides 4Q revs $69-71Mm vs est. $62.8Mm Trex Company ($TREX) Q3 EPS $0.64 vs. est. $0.58; Q3 revs $336M vs. est. $325.6M; guides Q4 revs $295M-$305M vs. est. $276.3M; Net income grew 73% to $74M; diluted earnings per share of $0.64, up 73%; EBITDA grew 76% to $108M; EBITDA margin of 32.2% Energy, Industrials and Materials General Electric ($GE) to split into three public companies – GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital businesses to become three industry-leading, global, investment-grade public companies Advanced Energy Industries, Inc. ($AEIS) Q3 adj EPS $0.89 vs. est. $0.82; Q3 revs $346.1M vs. est. $341.52M; sees Q4 adj EPS 92c plus/minus 25c vs. est. $1.12; sees Q4 revs $355M plus/minus $20M vs. est. $373.09M. Amyris, Inc. ($AMRS) shares fell -25%; 3Q adj EPS ($0.27) vs est. ($0.15) on revs $48Mm vs est. $64.2Mm; sees FY revs $330-370Mm vs est. $391.6Mm; says supply chain challenges impacting near-term performance and growth trajectory Cabot ($CBT) Q4 adj EPS $1.01 vs. est. $1.03; Q4 revs $904M vs. est. $915.01M; Q4 Reinforcement Materials led the way delivering an increase in EBIT of $167 million while Performance Chemicals also recorded strong results; sees FY22 EPS $5.20-$5.60 vs. est. $5.52 Virgin Galactic ($SPCE) Q3 EPS loss (-$0.32) vs. est. loss (-$0.28); Q3 revs $2.6M vs. est. $1.6M; commercial service on track for q4 2022; strong ticket sales at updated pricing of $450,000 per seat; cash position remains strong at approximately $1.0 billion Financials CoreCivic, Inc. ($CXW) Q3 adj FFO/share $0.48, adj EPS $0.28 vs est. $0.18, revenue $471.2M vs est. $467.1M, adj EBITDA $100.9M vs est. $85.3M; is not providing full-year guidance due to uncertainties surrounding the resurgence of Covid-19 caused by the Delta variant and the administration’s executive actions and policies related to immigration and criminal justice, but will provide FY22 guidance in February when reporting 4Q21 results Cohen & Steers, Inc. ($CNS) preliminary assets under management of $101.6 billion as of October 31, 2021, an increase of $4.3 billion from assets under management at September 30, 2021. The increase was due to net inflows of $138 million and market appreciation of $4.4 billion, partially offset by distributions of $203 million. First Advantage ($FA) files to sell 15M shares of common stock for holders Lemonade Inc. ($LMND) will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash PayPal ($PYPL) Q3 non-GAAP EPS $1.11 vs. est. $1.07; Q3 revs $6.18B vs. est. $6.23B; Q3 total payment volume of $310B, growing 26%, and 24% on an FX-neutral basis; 4.9 billion payment transactions in qtr, up 22%; expects to add about 55Mm NNAs, including about 3 million active accounts from the acquisition of Paidy; 13.3M NNAs added in qtr , bringing total active accounts to 416 million, up 15%; expects FY TPV growth to be in the range of about 33%-34% at current spot rates and about 31%-32% on an FX basis Robinhood ($HOOD) said a third party had obtained access to email addresses of about 5 mln of its customers, while full names for a different group of nearly 2 mln people in an incident, which took place on Nov. 3; said 310 people had more personal information, including names, birth, dates and zip codes compromised, while 10 customers had more extensive account details revealed Third Coast Bancshares ($TCBX)5M share IPO priced at $25.00

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@HeyShoe #droscrew
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among the lower priced stocks: $III $ESTE $PANL $EGY. For high quality growth: $ATKR $SCSC. For an ETF: $LABU.

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@DarkPoolAlgo #Dark Pool Charts
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Tuesday, August 24, 2021 Futures Up/Down % Last Dow 59.00 0.17% 35,340 S&P 500 8.25 0.19% 4,484 Nasdaq 45.50 0.30% 15,350 U.S. futures are looking higher, adding to the record setting performances by the S&P 500 and Nasdaq yesterday on further vaccine approval optimism yesterday, while China stocks rebound for the first time in 2-weeks. Last week’s stock market pullback (if you can call 1% a pullback) is all but a memory as stocks surged on Monday, with the S&P 500 hitting an intraday record high along with the Nasdaq notching another new record close. Helping positive sentiment was the U.S. FDA granting full approval to the COVID-19 vaccine developed by Pfizer Inc and its partner BioNTech SE. Investors were also looking ahead to the Federal Reserve’s Jackson Hole symposium, which gets underway later this week. Energy led the way among S&P 500 sectors, rising 3.8% as crude prices rose about 5%, snapping its 7-day losing streak from last week, while defensive sectors such as utilities lagged. In Asian markets, The Nikkei Index jumped 237 points to 27,732, the Shanghai Index gains 37 points to 3,514 and the Hang Seng Index jumps 618 points to 25,727. In Europe, the German DAX rises over 50 points above 15,900, while the FTSE 100 is down a few points holding around the 7,100 level. The big event for markets this week will take place in Jackson Hole at the economic symposium of the Federal Reserve. While some officials have stated plans to scale back stimulus, threats from the Delta variant have raised questions about whether they will hold off on signaling a taper timeline on $120B/month in bond buying. Market Closing Prices Yesterday The S&P 500 Index jumped 37.86 points, or 0.85%, to 4,479.53 The Dow Jones Industrial Average rose 215.63 points, or 0.61%, to 35,335.71 The Nasdaq Composite spiked 227.99 points, or 1.55%, to 14,942.65 The Russell 2000 Index advanced 40.70 points, or 1.88% to 2,208.30 Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:55 AM ET Johnson/Redbook Weekly Sales 4:30 PM ET API Weekly Inventory Data 10:00 AM ET New Home Sales MoM for July 10:00 AM ET Richmond Fed Manufacturing for Aug Earnings Calendar: Earnings Before the Open: AAP, CTRN, IMBI Earnings After the Close: ELMD, HEI, INTU, JWN, PSEC, SCSC, TOL, URBN, XPOF Other Key Events: American Association of Neurological Surgeons, 8/21-8/25, in Orlando, FL UBS China Telco, Media, Internet Virtual Conference 2021, 8/23-8/27 Truist Texas Bank Virtual Summit, 8/23-8/24 Craig Hallum Online Gaming Conference 8/24 Piper Sandler MedTech and Diagnostics California Bus Tour (virtual), 8/24-8/26 Raymond James Diversified Industrials Virtual Conference, 8/24-8/25 Macro Up/Down Last Nymex 1.10 66.74 Brent 1.23 69.98 Gold -0.30 1,805.15 EUR/USD -0.0006 1.1739 JPY/USD 0.03 109.73 10-Year Note +0.012 1.267% World News The House of Representatives scrapped a planned vote on Monday to advance two key economic proposals of President Biden’s $4.1T economic agenda. The chamber will reconvene at 12 p.m. ET today Sector News Breakdown Consumer Advance Auto Parts ($AAP) Q2 adj EPS $3.40 vs. est. $3.03; Q2 revs $2.6B vs. est. $2.62B; Q2 comp store sales +5.8%; increased full year 2021 guidance as now sees FY comparable store sales up 6.0% to 8.0% (from 4%-6%) and raises year sales view to $10.6B-$10.8B (from $10.4B-$10.6B) Mister Car Wash ($MCW) announces 12M share offering of common stock for holders Camping World ($CWH) raises quarterly dividend 100% to 50c from 25c per share Energy, Industrials and Materials International Flavors & Fragrances ($IFF) signed a deal to sell its microbial control unit to German specialty chemicals maker Lanxess, with the deal being valued at $1.3 billion, the companies said. Ferroglobe (GSM) Q2 EPS 2c vs. (7c) last year; Q2 revs $418.5M vs. $250.0M last year; Adjusted EBITDA of $34.1M, up 54.5% compared to $22.1M in Q1 2021; Positive operating cash flow of $37.8M and a return to positive net cash flow of $21.6M S.-listed energy shares rise premarket for a second day, mirroring strength in oil prices as hopes of improved coronavirus vaccination rates buoy energy’s demand outlook, after WTI crude snapped its 7-day losing streak yesterday The Federal Aviation Administration, or FAA, is launching a review of how Boeing ($BA) employees handle safety matters following a survey that found 35% of a small sample of employees reported issues with undue pressure and difficulties being transparent with regulators – WSJ Financials Riot Blockchain ($RIOT) Q2 EPS 22c vs. est. 5c; Q2 revs $31.5M vs. est. $30.91M; Q2 total cash and Bitcoin of $195.4M as of June 30; Increased mining revenue margin to 70% for the three-month period ended June 30, 2021, as compared to 25% for the same three-month period in 2020 Banco Santander SA said Tuesday that its U.S. subsidiary Santander Holdings USA, Inc. will acquire the remaining shares it doesn’t already own in Santander Consumer USA Holdings Inc. ($SC) for roughly $2.5 billion; Santander Holdings USA will buy the outstanding shares in Santander Consumer USA Holdings for $41.50 apiece via an all-cash tender offer https://bit.ly/3jchUiZ Healthcare Cigna ($CI) announces $2B accelerated buyback Cara Therapeutics ($CARA) shares rise after the company and Switzerland’s Vifor announced U.S. FDA approval for Korsuva kidney disease drug Theravance Biopharma, inc. (TBPH) announces top-line results from phase 2b dose-finding induction study of Izencitinib in patients with ulcerative colitis. Izencitinib was well-tolerated and safety data were consistent with expectations for this gut-selective pan-jak inhibitor. Randomized, double-blind, placebo-controlled study did not meet primary endpoint: change in total mayo score at week eight, vs placebo At least six U.S. states, including Georgia, have decided they will not fully sign on to a proposed $26 billion settlement with three drug distributors ($ABC, $CAH, $MCK) and Johnson & Johnson ($JNJ), which have been accused of fueling the nation’s opioid epidemic, according to the states’ attorneys general – Reuters Technology, Media & Telecom Palo Alto Networks ($PANW) Q4 adj EPS $1.60 vs. est. $1.43; Q4 revenue $1.2B vs. est. $1.17B; Q4 billings +34% to $1.9B; guides 1Q adj EPS $1.55-1.58 vs est. $1.59, sees 1Q revs +26-28% vs est. 21% and total billings $1.29-1.31B; guides FY22 adj EPS $7.15-7.25 vs est. $7.07, sees FY revs +24-25% vs est. +18.4% and billings $6.60-6.65B China stocks rebound ($BABA, $JD, $TCHEY, $BIDU) as Bloomberg reported Cathie Wood joins bargain hunters as Ark bought back into JD.com (JD) and Tencent Holdings ($TCEHY) shares rise after the company bought back 230,000 shares for HK$100.9 mln ($12.95 mln) on Aug. 23, according to HK Exchange filing https://bloom.bg/2WcxBy5 Tencent Holdings ($TCEHY) shares rise after the company bought back 230,000 shares for HK$100.9 mln ($12.95 mln) on Aug. 23, according to HK Exchange filing Crowdstrike ($CRWD) to replace Maxim Integrated ($MXIM) in the Nasdaq-100 Aug 26th The U.S. Securities and Exchange Commission (SEC) has started to issue new disclosure requirements to Chinese companies seeking to list in New York as part of a push to boost investor awareness of the risks involved, according to a document reviewed by Reuters and people familiar with the matter

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@FUZZJP #ivtrades
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$SCSC and $MEG AH then $WSG and $BBW tomorrow Pre

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Key Metrics

Market Cap

864.20 M

Beta

0.98

Avg. Volume

102.58 K

Shares Outstanding

25.23 M

Yield

0%

Public Float

0

Next Earnings Date

2022-08-23

Next Dividend Date

Company Information

ScanSource, Inc. is at the center of the technology solution delivery channel, connecting businesses and providing solutions for their complex needs. ScanSource sells through multiple, specialized routes-to-market with digital, physical and services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom, and cloud services. ScanSource enables its sales partners to create, deliver and manage solutions for end-customers across almost every vertical market. Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource was named one of the 2020 Best Places to Work in South Carolina and on FORTUNE magazine’s 2020 List of World’s Most Admired Companies. ScanSource ranks #654 on the Fortune 1000.

CEO: Michael Baur

Website:

HQ: 6 Logue Ct Greenville, 29615-5725 South Carolina

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