Tech Data (TECD) Tops Q4 EPS by 4c, Beats on Revenues; Offers 1Q18 EPS/Revenue Outlook Below Consensus

March 8, 2018 6:07 AM

Note: EPS may not be comparable

Tech Data (NASDAQ: TECD) reported Q4 EPS of $3.50, $0.04 better than the analyst estimate of $3.46. Revenue for the quarter came in at $11.09 billion versus the consensus estimate of $10.56 billion.

Business Outlook

Please note, the Business Outlook for worldwide net sales provided below is based on the new revenue recognition standard (\"ASC 606\") that the Company adopted as of February 1, 2018.

GUIDANCE:

Tech Data sees Q1 2019 EPS of $1.30-$1.60, versus the consensus of $1.98. Tech Data sees Q1 2019 revenue of $8-8.3 billion, versus the consensus of $8.57 billion.

For earnings history and earnings-related data on Tech Data (TECD) click here.

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