Countdown to TD SYNNEX (SNX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts expect TD SYNNEX to report quarterly earnings of $2.69 per share, reflecting a year-over-year decline of 1.5%, with revenues projected at $14.32 billion, an increase of 2.7% from the previous year [1] Earnings Estimates - There has been a 1% upward revision in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] Revenue Forecasts - Analysts estimate 'Revenue- Americas' to reach $8.74 billion, representing a 2.2% increase from the prior year [4] - 'Revenue- Europe' is expected to be $4.54 billion, indicating a 2.6% year-over-year change [4] - 'Revenue- Asia-Pacific and Japan' is projected at $1.03 billion, reflecting a year-over-year increase of 6.4% [4] Stock Performance - TD SYNNEX shares have returned +1.3% over the past month, outperforming the Zacks S&P 500 composite's +0.6% change [5] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [5]