TD Synnex rises after Q1 profit beat

TD Synnex

26/03/2024 13:44

** Shares of IT solutions provider TD Synnex  SNX.N  up
1.93% at $107.47 
    ** Company posts Q1 adjusted EPS of $2.99, beating LSEG
estimates of $2.84
    ** SNX forecasts Q2 adjusted EPS to be between $2.50 and
$3.00, vs analysts' estimate of $2.78
    ** Company also authorizes share buyback of up to $2 bln
    ** Up to last close, stock down about 2% YTD

 (Reporting by Atharva Singh in Bengaluru)
 ((atharva.singh@thomsonreuters.com))