TD Synnex Corp reports results for the quarter ended May 31 - Earnings Summary

TD Synnex

24/06/2025 14:31

TD Synnex Corp SNX.N reported quarterly adjusted earnings of $2.99​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $2.73.  The mean expectation of eleven analysts for the quarter was for earnings of $2.72 per share. Wall Street expected results to range from $2.57  to $2.87 per share.

Revenue rose 7.2% to $14.95 billion from a year ago; analysts expected $14.31 billion.

TD Synnex Corp's reported EPS for the quarter was $2.21​.

The company reported quarterly net income of $184.92 million.

TD Synnex Corp shares had risen by 22.7% this quarter and gained 8.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is also "buy"

Wall Street's median 12-month price target for TD Synnex Corp is $135.96, about 6.1% above its last closing price of $127.60

This summary was machine generated from LSEG data June 24 at 01:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
May. 31 2025
2.72
2.99
Beat
Feb. 28 2025
2.91
2.80
Missed
Nov. 30 2024
3.05
3.09
Beat
Aug. 31 2024
2.80
2.86
Beat