TD Synnex Corp expected to post earnings of $3.05 a share - Earnings Preview

Reuters
01-08
TD Synnex Corp <snx.n> expected to post earnings of $3.05 a share - Earnings Preview </snx.n>
  • TD Synnex Corp SNX.N, SNX is expected to show a rise in quarterly revenue when it reports results on January 10 for the period ending November 30 2024

  • The Fremont California-based company is expected to report a 5.6% increase in revenue to $15.22 billion from $14.41 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on September 26 2024, for the period ended November 30, was for revenue between $14.90 billion and $15.70 billion.

  • ​LSEG's mean analyst estimate for TD Synnex Corp is for earnings of $3.05 per share. The company's EPS guidance on September 26 2024, for the period ended November 30, was between $2.80 and $3.30

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for TD Synnex Corp is $136.93​, above​ its last closing price of $123.23. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Aug. 31 2024

2.81

2.80

2.86

Beat

2.2

May. 31 2024

2.82

2.82

2.73

Missed

-3.2

Feb. 29 2024

2.85

2.84

2.99

Beat

5.2​

Nov. 30 2023

2.69

2.68

3.13

Beat

16.9

​​Aug. 31 2023

2.48

2.48

2.78

Beat

12.2

May. 31 2023

2.57

2.55

2.43

Missed

-4.5​

Feb. 28 2023

2.86

2.85

2.93

Beat

2.8

Nov. 30 2022

2.91

2.91

3.44

Beat

18.2

This summary was machine generated January 8 at 13:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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