Eplus Inc is a technology and services company that specializes in providing innovative IT solutions and services to businesses and public sector organizations. The company offers a comprehensive portfolio of products and services, including cloud computing, digital transformation, cybersecurity, and IT asset management. Eplus partners with leading technology vendors to deliver customized solutions that help clients optimize their IT environments, streamline operations, and drive business growth. Through its extensive expertise and focus on customer success, Eplus aims to empower organizations to leverage technology effectively in an ever-evolving digital landscape. Read More
A number of stocks jumped in the afternoon session after comments from a key Federal Reserve official hinted at a potential interest rate cut in December. John Williams, president of the Federal Reserve Bank of New York, signaled he was open to lowering the fed funds rate—the key interest rate that banks charge each other for overnight loans—to support the job market. Speaking at an event, Williams stated that he sees “room for a further adjustment” for interest rates, which immediately shifted market expectations. Following his remarks, the perceived likelihood of an interest rate cut at the Federal Reserve's December meeting flipped from unlikely to more likely than not. The prospect of lower borrowing costs sent a wave of optimism through the markets, leading to a rally in major indices like the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite.
ePlus has had an impressive run over the past six months as its shares have beaten the S&P 500 by 20.4%. The stock now trades at $87.65, marking a 34% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Let’s dig into the relative performance of ScanSource (NASDAQ:SCSC) and its peers as we unravel the now-completed Q3 it distribution & solutions earnings season.
ePlus delivered a strong Q3, with the market responding positively to results that exceeded Wall Street expectations. Management attributed the outperformance to robust demand in security, networking, and cloud solutions, with CEO Mark Marron noting that security gross billings rose 56% year-over-year, fueled by customers investing in AI-driven infrastructure. Additionally, the company saw broad-based growth across customer segments and verticals, except for state and local government, which faced budget constraints. The successful execution of its automation initiatives and operational leverage also played a critical role in the quarter’s margin expansion and profitability.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the it distribution & solutions industry, including ePlus (NASDAQ:PLUS) and its peers.
IT solutions provider ePlus (NASDAQ:PLUS) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 18.2% year on year to $608.8 million. Its non-GAAP profit of $1.53 per share was 61.9% above analysts’ consensus estimates.
IT solutions provider ePlus (NASDAQ:PLUS) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 18.2% year on year to $608.8 million. Its non-GAAP profit of $1.53 per share was 61.9% above analysts’ consensus estimates.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. Market leaders have certainly capitalized on outsourcing trends and digital transformation initiatives to boost sales,
helping fuel a 26.3% gain for the industry over the past six months - 3.4 percentage points higher than the S&P 500.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how it distribution & solutions stocks fared in Q2, starting with Insight Enterprises (NASDAQ:NSIT).
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential.
However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
A number of stocks fell in the afternoon session after renewed worries over worsening trade relations with China were triggered by critical comments from the U.S. President.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how it distribution & solutions stocks fared in Q2, starting with Avnet (NASDAQ:AVT).
ePlus has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 31.5% to $72.04 per share while the index has gained 34.7%.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell delivered cautious remarks on the economy, spooking investors and pulling indexes back from record highs.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at ScanSource (NASDAQ:SCSC) and the best and worst performers in the it distribution & solutions industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at CDW (NASDAQ:CDW) and its peers.
Shares of IT solutions provider ePlus (NASDAQ:PLUS) jumped 4.2% in the afternoon session after the stock moved higher amid a broad market rally driven by hopes for lower interest rates. The broader market rallied strongly after the head of the Federal Reserve indicated in a highly anticipated speech that cuts to interest rates may be on the horizon, although a specific timeline was not provided. This signal of potentially lower borrowing costs fueled investor optimism, lifting major indexes like the Dow Jones, S&P 500, and Nasdaq.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
