TD SYNNEX will report its quarterly results Thursday before the bell, with the market expecting revenue to grow 21.4% year on year. That would improve on the 6.6% increase the IT distribution giant recorded in the same quarter last year. Last quarter, TD SYNNEX reported revenues of $19.57 billion, up 31% year on year, beating analysts' revenue expectations along with their EPS estimates and guidance for the next quarter. Analysts have generally reconfirmed their estimates over the last 30 days, and TD SYNNEX rarely misses Wall Street's revenue estimates. TD SYNNEX is the first among its peers to report this season, and its shares are up 18.2% over the last month while the tech hardware and electronics segment is down 1.1% on average.
Synnex CorporationTD SYNNEX is the subject, but the article only previews upcoming earnings expectations (revenue seen up 21.4%) with no actual result yet.
