TD SYNNEX (SNX) Beats Q2 Earnings and Revenue Estimates

Company Performance - TD SYNNEX reported quarterly earnings of $2.99 per share, exceeding the Zacks Consensus Estimate of $2.69 per share, and up from $2.73 per share a year ago, representing an earnings surprise of +11.15% [1] - The company posted revenues of $14.95 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 4.38%, compared to revenues of $13.95 billion in the same quarter last year [2] - Over the last four quarters, TD SYNNEX has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - TD SYNNEX shares have increased approximately 8.8% since the beginning of the year, outperforming the S&P 500's gain of 2.4% [3] - The current consensus EPS estimate for the upcoming quarter is $2.99 on revenues of $15.05 billion, and for the current fiscal year, it is $11.82 on revenues of $60.19 billion [7] Industry Outlook - The Zacks Industry Rank for Electronics - Miscellaneous Products is currently in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can significantly impact stock performance [5][8]