-+ 0.00%
-+ 0.00%
-+ 0.00%
TD SYNNEX: Fiscal Q3 Earnings Snapshot
Share
Listen to the news

CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — TD SYNNEX Corporation (SNX) on Thursday reported fiscal third-quarter profit of $416.2 million.

The Clearwater, Florida-based company said it had net income of $5.18 per share. Earnings, adjusted for one-time gains and costs, were $5.68 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.64 per share.

The high-tech contractor posted revenue of $21.56 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $18.78 billion.

For the current quarter ending in November, TD SYNNEX expects its per-share earnings to range from $5.65 to $6.15.

The company said it expects revenue in the range of $21.8 billion to $22.6 billion for the fiscal fourth quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNX at https://www.zacks.com/ap/SNX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending