Recap: TD Synnex Q2 Earnings

TD Synnex (NYSE:SNX) reported its Q2 earnings results on Tuesday, June 27, 2023 at 08:05 AM. Here’s what…

TD Synnex (NYSE:SNX) reported its Q2 earnings results on Tuesday, June 27, 2023 at 08:05 AM.

Here’s what investors need to know about the announcement.

Earnings

TD Synnex missed estimated earnings by 4.71%, reporting an EPS of $2.43 versus an estimate of $2.55.

Revenue was down $1.21 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 1.27% increase in the share price the next day.

Here’s a look at TD Synnex’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 2.85 2.91 2.74 2.65
EPS Actual 2.93 3.44 2.74 2.72
Revenue Estimate 15.75B 15.82B 15.06B 15.29B
Revenue Actual 15.12B 16.25B 15.36B 15.27B

To track all earnings releases for TD Synnex visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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