SYNNEX Corporation Reports Fiscal 2016 Third Quarter Results

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Brean Capital Raises Price Target on SYNNEX Corp. (SNX) Following 3Q Report

September 27, 2016 9:45 AM EDT

Brean Capital reiterated a Buy rating on SYNNEX Corp. (NYSE: SNX), and raised the price target to $124.00 (from $108.00), following the company's 3Q earnings report. SNX reported strong revenues and EPS of $3.7B and $1.73 compared to the Street's estimates of $3.5B and $1.56. Management expects November revenues to be within seasonal patterns of $3.83B - $3.93B with... More

Stifel Raises Price Target on SYNNEX Corp. (SNX) to $104 Following 3Q Beat and Raise

September 27, 2016 8:56 AM EDT

Stifel reiterated a Hold rating on SYNNEX Corp. (NYSE: SNX), and raised the price target to $104.00 (from $98.00), following the company's 3Q earnings report. SNX reported revenue and non-GAAP EPS of $3.67bn and $1.73, compared to consensus estimates of $3.49bn and $1.56. For the November quarter, the company guided revenue to $3.83bn-$3.93bn and non-GAAP EPS of $2.06-$2.11. this compares to the Street estimates of... More

SYNNEX Corp. (SNX) Tops Q3 EPS by 17c; Guides Q4 Above Views

September 26, 2016 4:18 PM EDT

SYNNEX Corp. (NYSE: SNX) reported Q3 EPS of $1.73, $0.17 better than the analyst estimate of $1.56. Revenue for the quarter came in at $3.67 billion versus the consensus estimate of $3.49 billion.

GUIDANCE:

SYNNEX Corp. sees Q4 2016 EPS of $2.06-$2.11, versus the consensus of... More