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International Markets and TD SYNNEX (SNX): A Deep Dive for Investors

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Have you assessed how the international operations of TD SYNNEX (SNX - Free Report) performed in the quarter ended August 2025? For this high-tech contractor, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.

In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.

Being present in foreign markets serves as protection against local economic declines and helps benefit from more rapidly expanding economies. Yet, such expansion also introduces challenges related to currency fluctuations, geopolitical uncertainties and varied market behaviors.

While analyzing SNX's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.

The company's total revenue for the quarter stood at $15.65 billion, increasing 6.6% year over year. Now, let's delve into SNX's international revenue breakdown to gain insights into the significance of its operations beyond home turf.

Decoding SNX's International Revenue Trends

During the quarter, Europe contributed $5.17 billion in revenue, making up 33.1% of the total revenue. When compared to the consensus estimate of $4.71 billion, this meant a surprise of +9.99%. Looking back, Europe contributed $4.89 billion, or 32.7%, in the previous quarter, and $4.59 billion, or 31.3%, in the same quarter of the previous year.

Of the total revenue, $1.21 billion came from Asia-Pacific and Japan during the last fiscal quarter, accounting for 7.7%. This represented a surprise of +15.95% as analysts had expected the region to contribute $1.04 billion to the total revenue. In comparison, the region contributed $1.05 billion, or 7%, and $1 billion, or 6.8%, to total revenue in the previous and year-ago quarters, respectively.

International Market Revenue Projections

For the current fiscal quarter, it is anticipated by Wall Street analysts that TD SYNNEX will post revenues of $16.9 billion, which reflects an increase of 6.7% the same quarter in the previous year. The revenue contributions are expected to be 32.8% from Europe ($5.55 billion), and 6.6% from Asia-Pacific and Japan ($1.12 billion).

For the full year, the company is expected to generate $60.96 billion in total revenue, up 4.3% from the previous year. Revenues from Europe and Asia-Pacific and Japan are expected to constitute 33.3% ($20.28 billion), and 6.9% ($4.22 billion) of the total, respectively.

Wrapping Up

Relying on global markets for revenues presents both prospects and challenges for TD SYNNEX. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.

With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.

Emphasizing a company's shifting earnings prospects is a key aspect of our approach at Zacks, especially since research has proven its substantial influence on a stock's price in the short run. This correlation is positively aligned, meaning that improved earnings projections tend to boost the stock's price.

Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.

At present, TD SYNNEX holds a Zacks Rank #2 (Buy). This ranking implies that its near-term performance might beat the overall market movement. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Examining the Latest Trends in TD SYNNEX's Stock Value

The stock has witnessed an increase of 12.1% over the past month versus the Zacks S&P 500 composite's an increase of 3.2%. In the same interval, the Zacks Computer and Technology sector, to which TD SYNNEX belongs, has registered an increase of 7.6%. Over the past three months, the company's shares saw an increase of 19%, while the S&P 500 increased by 8.3%. In comparison, the sector experienced an increase of 14.6% during this timeframe.


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