TD SYNNEX Reports Fiscal 2024 Third Quarter Results

Go back to TD SYNNEX Reports Fiscal 2024 Third Quarter Results

Goldman Sachs Reiterates Buy Rating on TD Synnex (SNX)

September 27, 2024 6:08 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $144.00 price target on TD Synnex (NYSE: SNX).

The analyst comments "SNXs F3Q24 EPS beat on strong IT market demand, though margins missed and outlook was weaker than expected at the midpoint. First, F3Q24 gross billings of $20.3 bn (+9% yoy) accelerated sequentially with strength in both the Endpoint Solutions (+5% yoy) and Advanced Solutions (+12% yoy)... More

SYNNEX Corp. (SNX) Tops Q3 EPS by 6c, Offers Guidance

September 26, 2024 8:06 AM EDT

SYNNEX Corp. (NYSE: SNX) reported Q3 EPS of $2.86, $0.06 better than the analyst estimate of $2.80. Revenue for the quarter came in at $14.7 billion versus the consensus estimate of $14.14 billion.

GUIDANCE:

SYNNEX Corp. sees Q4 2024 EPS of $2.80-$3.30, versus the consensus of... More