We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gear Up for TD SYNNEX (SNX) Q2 Earnings: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect TD SYNNEX (SNX - Free Report) to post quarterly earnings of $4.07 per share in its upcoming report, which indicates a year-over-year increase of 36.1%. Revenues are expected to be $16.74 billion, up 12% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some TD SYNNEX metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Revenue- Americas' should arrive at $7.59 billion. The estimate indicates a change of -15.8% from the prior-year quarter.
Analysts predict that the 'Revenue- Europe' will reach $6.04 billion. The estimate suggests a change of +23.5% year over year.
According to the collective judgment of analysts, 'Revenue- Asia-Pacific and Japan (APJ)' should come in at $957.64 million. The estimate points to a change of -8.6% from the year-ago quarter.
Shares of TD SYNNEX have demonstrated returns of +23.3% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #3 (Hold), SNX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Gear Up for TD SYNNEX (SNX) Q2 Earnings: Wall Street Estimates for Key Metrics
Wall Street analysts expect TD SYNNEX (SNX - Free Report) to post quarterly earnings of $4.07 per share in its upcoming report, which indicates a year-over-year increase of 36.1%. Revenues are expected to be $16.74 billion, up 12% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some TD SYNNEX metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Revenue- Americas' should arrive at $7.59 billion. The estimate indicates a change of -15.8% from the prior-year quarter.
Analysts predict that the 'Revenue- Europe' will reach $6.04 billion. The estimate suggests a change of +23.5% year over year.
According to the collective judgment of analysts, 'Revenue- Asia-Pacific and Japan (APJ)' should come in at $957.64 million. The estimate points to a change of -8.6% from the year-ago quarter.
View all Key Company Metrics for TD SYNNEX here>>>Shares of TD SYNNEX have demonstrated returns of +23.3% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #3 (Hold), SNX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .