TD SYNNEX (SNX)
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Don't Overlook TD SYNNEX (SNX) International Revenue Trends While Assessing the Stock
ZACKS· 2024-09-30 14:15
Have you evaluated the performance of TD SYNNEX's (SNX) international operations for the quarter ending August 2024? Given the extensive global presence of this high-tech contractor, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must und ...
TD SYNNEX Beats on Q3 Earnings: Can Strong Sales View Lift the Stock?
ZACKS· 2024-09-27 11:16
TD SYNNEX Corporation (SNX) reported better-than-expected third-quarter fiscal 2024 results. The company reported non-GAAP earnings of $2.86 per share, surpassing the Zacks Consensus Estimate of $2.80. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The bottom line increased 2.9% from the year-ago quarter's earnings of $2.78 per share. The improvement reflects the benefits of higher revenues, which more than offset the negative impact of a decline in gross profit. SNX's quarterly r ...
TD SYNNEX (SNX) - 2024 Q3 - Earnings Call Transcript
2024-09-26 16:32
TD SYNNEX Corporation (NYSE:SNX) Q3 2024 Results Conference Call September 26, 2024 9:00 AM ET Company Participants David Jordan - Chief Financial Officer of Americas and Head of Investor Relations Patrick Zammit - Chief Executive Officer Marshall Witt - Chief Operating Officer Conference Call Participants David Vogt - UBS Keith Housum - Northcoast Research David Paige - RBC Capital Markets Adam Tindle - Raymond James Michael Ng - Goldman Sachs Joseph Cardoso - JPMorgan Ruplu Bhattacharya - Bank of America ...
TD SYNNEX (SNX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-09-26 14:32
For the quarter ended August 2024, TD SYNNEX (SNX) reported revenue of $14.68 billion, up 5.2% over the same period last year. EPS came in at $2.86, compared to $2.78 in the year-ago quarter. The reported revenue represents a surprise of +4.00% over the Zacks Consensus Estimate of $14.12 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +2.14%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
TD SYNNEX (SNX) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-09-26 14:20
TD SYNNEX (SNX) came out with quarterly earnings of $2.86 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.14%. A quarter ago, it was expected that this high-tech contractor would post earnings of $2.76 per share when it actually produced earnings of $2.73, delivering a surprise of -1.09%. Over the last four quarters, the c ...
TD SYNNEX (SNX) - 2024 Q3 - Quarterly Results
2024-09-26 12:05
Exhibit 99.1 TD SYNNEX Reports Fiscal 2024 Third Quarter Results • Revenue of $14.7 billion, at the upper end of our outlook of $13.3 - $14.9 billion. • Non-GAAP gross billings of $20.3 billion, above the high end of our outlook of $18.9 - $20.1 billion. • Net income of $179 million, and non-GAAP net income of $245 million, above the midpoint of our outlook. • Diluted earnings per share ("EPS") of $2.08, and non-GAAP diluted EPS of $2.86, above the midpoint of our outlook. • Cash provided by operations of $ ...
TD SYNNEX Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-09-26 07:10
TD SYNNEX Corporation SNX will release earnings results for its third quarter, before the opening bell on Thursday, Sept. 26. Analysts expect the Fremont, California-based company to report quarterly earnings at $2.80 per share, up from $2.78 per share in the year-ago period. TD SYNNEX projects to report revenue of $14.11 billion for the quarter, according to data from Benzinga Pro. On Sept. 12, TD SYNNEX announced an agreement to acquire IPsense Cloud Migration business in Brazil to create a new cloud comp ...
TD SYNNEX Gears Up to Report Q3 Earnings: What's in the Offing?
ZACKS· 2024-09-23 14:40
TD SYNNEX (SNX) is scheduled to report third-quarter fiscal 2024 results on Sept. 26. For the fiscal third quarter, TD SYNNEX expects revenues between $13.3 billion and $14.9 billion. The Zacks Consensus Estimate for quarterly revenues is pegged at $14.12 billion, indicating an increase of 1.1% from the prior-year period. SNX projects fiscal third-quarter non-GAAP earnings per share between $2.55 and $3.05. The consensus mark of $2.80 for quarterly earnings suggests a year-over-year increase of approximatel ...
Wall Street's Insights Into Key Metrics Ahead of TD SYNNEX (SNX) Q3 Earnings
ZACKS· 2024-09-23 14:16
Wall Street analysts forecast that TD SYNNEX (SNX) will report quarterly earnings of $2.80 per share in its upcoming release, pointing to a year-over-year increase of 0.7%. It is anticipated that revenues will amount to $14.12 billion, exhibiting an increase of 1.1% compared to the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial proje ...
Acronis Announces First Ever #TeamUp Partnership in Germany with FC Bayern Basketball, Backed by TD SYNNEX
GlobeNewswire News Room· 2024-09-23 06:00
MUNICH, Germany, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Acronis, a global leader in cybersecurity and data protection, is excited to announce its latest Acronis #TeamUp Partner, FC Bayern Munich Basketball. In partnership with TD SYNNEX Germany, a leading global distributor and aggregator of solutions for the IT ecosystem, the German Basketball champion will leverage Acronis' solutions to uplevel its IT infrastructure and capabilities. "We are proud to join forces with Bayern Munich and TD SYNNEX," said Markus ...