TD SYNNEX Corporation (NYSE:SNX) Q2 2024 Earnings Call Transcript June 25, 2024 9:00 AM ET Company Participants Liz Morali - Head of IR Rich Hume - CEO Patrick Zammit - COO Marshall Witt - CFO Conference Call Participants Michael Ng - Goldman Sachs Ruplu Bhattacharya - Bank of America Adam Tindle - Raymond James George Wang - Barclays David Vogt - UBS Matt Sheerin - Stifel Keith Housum - Northcoast Vincent Colicchio - Barrington Research Ashish Sabadra - RBC Capital Markets Alek Valero - Loop Capital Operat ...

The reported revenue compares to the Zacks Consensus Estimate of $14.12 billion, representing a surprise of -1.19%. The company delivered an EPS surprise of -1.09%, with the consensus EPS estimate being $2.76. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenue- Americas: $8.56 billion versus the two-analyst average estimate of $ ...

TD SYNNEX (SNX) came out with quarterly earnings of $2.73 per share, missing the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.43 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the e ...

| --- | --- | --- | --- | --- | --- | --- | |-----------|-------|--------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investor | | | | | | | | | | | | | | June 2024 | | Presentation | | | | | | | | | | | | | | | | | | | | | Safe harbor statement Statements in this presentation regarding TD SYNNEX that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Ac ...

Exhibit 99.1 Consolidated Financial Highlights for the Fiscal 2024 Second Quarter: Regional Fiscal 2024 Second Quarter Highlights ◦ Operating margin was 2.1%, compared to 2.8% in the prior fiscal second quarter. Non-GAAP operating margin was 2.3%, compared to 3.0% in the prior fiscal second quarter. (1) TD SYNNEX announced today that its Board of Directors declared a quarterly cash dividend of $0.40 per common share. The dividend is payable on July 26, 2024 to stockholders of record as of the close of busin ...

In its upcoming report, TD SYNNEX (SNX) is predicted by Wall Street analysts to post quarterly earnings of $2.76 per share, reflecting an increase of 13.6% compared to the same period last year. Revenues are forecasted to be $14.12 billion, representing a year-over-year increase of 0.4%. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose secu ...

TD SYNNEX (SNX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The power of a changing ...

SNX currently has a forward P/E ratio of 11, while TRMB has a forward P/E of 20.56. We also note that SNX has a PEG ratio of 1.21. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. TRMB currently has a PEG ratio of 2.06. Another notable valuation metric for SNX is its P/B ratio of 1.42. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For com ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition perio ...