TD Synnex Corp reports results for the quarter ended May 31 - Earnings Summary
TD Synnex Corp reports results for the quarter ended May 31 - Earnings Summary
TD Synnex Corp SNX.N reported quarterly adjusted earnings of $4.85 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $2.99. The mean expectation of twelve analysts for the quarter was for earnings of $4.14 per share. Wall Street expected results to range from $4.00 to $4.39 per share.
Revenue rose 31% to $19.58 billion from a year ago; analysts expected $16.80 billion.
TD Synnex Corp's reported EPS for the quarter was $4.15.
The company reported quarterly net income of $334.09 million.
TD Synnex Corp shares had risen by 67.9% this quarter and gained 88.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 20% 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 $300.00, about 5.6% above its last closing price of $283.22
This summary was machine generated from LSEG data June 25 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 2026 | 4.14 | 4.85 | Beat |
Feb. 28 2026 | 3.31 | 4.73 | Beat |
Nov. 30 2025 | 3.73 | 3.83 | Beat |
Aug. 31 2025 | 3.05 | 3.58 | Beat |
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TD Synnex Corp reports results for the quarter ended May 31 - Earnings Summary