Stock Track | Synnex (SNX) Soars 5.02% Intraday on Strong Q4 Earnings Beat and Positive Outlook

Stock Track

01/08

Synnex (SNX) shares surged 5.02% during Thursday's intraday trading session following the company's better-than-expected fiscal Q4 earnings report and optimistic guidance for Q1 2026.

The IT distributor reported adjusted earnings per share of $3.83, surpassing the FactSet consensus estimate of $3.73. Revenue for the quarter rose 9.7% year-over-year to $17.38 billion, also beating expectations of $16.95 billion. The strong performance was driven by growth in its Advanced Solutions and Endpoint Solutions portfolios.

TD Synnex also announced a 9% increase in its quarterly dividend to $0.48 per share and provided upbeat guidance for Q1, forecasting revenue between $15.1 billion and $15.9 billion and adjusted EPS of $3.00 to $3.50. Analysts had expected revenue of $15.47 billion and adjusted EPS of $3.21.

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