TD SYNNEX revised Q3 earnings guidance to $2.55-3.05 EPS and $13.3-14.9bn revenue, exceeding consensus estimates.
TD SYNNEX updated its Q3 earnings guidance to $2.55-3.05 EPS and revenue of $13.3bn-$14.9bn, compared to consensus estimates of $2.93 EPS and $14.52bn revenue. The company reported Q2 earnings of $143.6m or $1.66 per share, with revenue falling 0.8% to $13.947bn. Research analysts have issued various reports on SNX shares, with RBC raising their price target to $135 and Barclays upgrading to an equal weight rating.
June 25, 2024
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