SYNNEX Corp. (SNX) Declares $0.20 Quarterly Dividend; 0.9% Yield
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June 24, 2016 10:51 AM EDT
Brean Capital reiterated a Buy rating on SYNNEX Corp. (NYSE: SNX), and raised the price target to $108.00 (from $97.00) following the company's 2Q earnings report. SNX reported revenue and EPS of $3.4B and $1.37, both ahead of the Street's estimates of $3.3B and $1.35. Management commented that... More
June 24, 2016 9:03 AM EDT
Raymond James maintained a Market Perform rating on SYNNEX Corp. (NYSE: SNX) following the company's 2Q earnings report. Upside to the quarter is entirely attributable to TS. TS revenue grew 4.6% y/y to $3.0 billion, 4% above Raymond James' estimate.
Analyst Brian Alexander commented, "We maintain our Market Perform... More
June 23, 2016 4:22 PM EDT
SYNNEX Corp. (NYSE: SNX) reported Q2 EPS of $1.37, $0.06 better than the analyst estimate of $1.31. Revenue for the quarter came in at $3.38 billion versus the consensus estimate of $3.28 billion.
"During our second quarter, we achieved sales and profit results above our expectations." stated Kevin... More
