Wall Street's Insights Into Key Metrics Ahead of TD SYNNEX (SNX) Q3 Earnings

Core Viewpoint - Wall Street analysts expect TD SYNNEX (SNX) to report quarterly earnings of $2.80 per share, reflecting a year-over-year increase of 0.7%, with revenues projected at $14.12 billion, indicating a 1.1% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating that analysts have not revised their initial projections during this period [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Estimates - The consensus estimate for 'Revenue- Americas' is $8.91 billion, reflecting a year-over-year change of +0.4% [5]. - Analysts project 'Revenue- Europe' to be $4.32 billion, indicating a +2.2% change from the prior year [5]. - 'Revenue- Asia-Pacific and Japan' is forecasted to reach $875.38 million, showing a year-over-year change of +2.6% [5]. Stock Performance - TD SYNNEX shares have experienced a -3% return over the past month, contrasting with the Zacks S&P 500 composite's +2% change [5]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5].