TD Synnex Corporation (SNX)
Don't Overlook TD SYNNEX (SNX) International Revenue Trends While Assessing the Stock
Explore TD SYNNEX's (SNX) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
TD Synnex: Rating Downgrade On Uncertain Demand Outlook In FY 2025
I am downgrading TD Synnex Corp. from buy to hold due to weak 1Q25 results and disappointing Hyve performance, impacting near-term growth outlook. SNX's 1Q25 adj. gross billings grew 7.5% y/y, but revenue and net earnings margins fell short of my FY25 expectations, with adj EPS guidance suggesting further misses. Hyve's underperformance, driven by component shipment delays and demand softness, is a major concern, leading to revenue timing disruptions and investor confidence issues.
TD SYNNEX Q1 Earnings Miss Estimates, Stock Declines on Weak Guidance
SNX's first-quarter fiscal 2025 results show modest revenue growth, but rising expenses and weak guidance trigger a sharp decline in its stock price.
TD SYNNEX Corporation (SNX) Q1 2025 Earnings Call Transcript
TD SYNNEX Corporation (NYSE:SNX ) Q1 2025 Earnings Conference Call March 27, 2025 9:00 AM ET Company Participants David Jordan - Head, IR Patrick Zammit - CEO Marshall Witt - CFO Conference Call Participants David Vogt - UBS Ruplu Bhattacharya - Bank of America Keith Housum - Northcoast Research Adam Tindle - Raymond James Joseph Cardoso - JPMorgan Michael Ng - Goldman Sachs Ananda Baruah - Loop Capital George Wang - Barclays David Paige - RBC Capital Markets Vincent Colicchio - Barrington Research Operator Good morning. My name is Kate, and I will be your conference operator today.
Gold Gains Over 1%; TD SYNNEX Shares Plunge After Downbeat Results
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 90 points on Thursday.
TD Synnex Stock Sinks as Expenses Increase
TD Synnex (SNX) shares sank 17% Thursday when the distributor of IT products posted worse-than-expected results and guidance as some of its expenses grew.
TD SYNNEX (SNX) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for TD SYNNEX (SNX) give a sense of how its business performed in the quarter ended February 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TD SYNNEX (SNX) Misses Q1 Earnings and Revenue Estimates
TD SYNNEX (SNX) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.87 per share. This compares to earnings of $2.99 per share a year ago.
TD Synnex Shares Fall on 1Q Revenue Higher But Broad Misses, Outlook
TD Synnex posted higher revenue in its latest quarter but that and other key metrics along with its outlook for the second quarter came up short of Wall Street's estimates, sending shares lower.
Here's Why TD SYNNEX (SNX) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
TD Synnex Corp: All Steam Ahead For FY 2025
I maintain a buy rating for TD Synnex Corp. due to improving demand momentum and a positive growth outlook for FY25. SNX's 4Q24 earnings showed a 10% y/y revenue increase, driven by advanced solutions and endpoint solutions, with stable profitability and positive FY25 guidance. The recovery in enterprise IT spending and strong momentum in cloud, cybersecurity, and software solutions are critical growth drivers for SNX.
TD SYNNEX Stock Soars 10% on Q4 Earnings Beat & Strong Revenue Growth
SNX's Q4 results reflect an impressive rise in the top line, benefited by strong growth across portfolio categories.
