- TD SYNNEX forecasts adjusted earnings per share (EPS) for the fourth quarter to be between $3.45 to $3.95, beating the previous estimate of $3.33.
- The company anticipates fourth-quarter revenue ranging from $16.5 billion to $17.3 billion, surpassing the earlier estimate of $16 billion.
- For the third quarter, TD SYNNEX reported revenue of $15.65 billion, which is a 6.6% increase from the previous year, and above the expected $15.11 billion.
- Third-quarter adjusted EBITDA came in at $504.2 million, marking a 21% growth year-over-year, and exceeded the estimate of $440.3 million.
- The company attributes its performance to strong team execution, a unique marketing strategy, and a comprehensive global product and service portfolio.
- Analyst ratings show strong support with 10 buy recommendations, 2 holds, and no sell ratings.
Synnex Corp on Smartkarma
Analysts on Smartkarma are closely following the coverage of Synnex Corp, with Baptista Research offering valuable insights. In a recent report titled “TD SYNNEX: 5 Major Risks That Could Undermine Its 2025 Strategy!“, the research firm presents a comprehensive analysis of the company’s financial performance and future outlook. Highlighting both positive and negative aspects, the report notes that Synnex Corp reported strong growth in key business segments during the First Quarter of Fiscal 2025. With gross billings increasing by 7.5% year-over-year and 9.5% in constant currency terms, indicating a healthy demand for its products and services.
A look at Synnex Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SYNNEX Corp, a company providing IT supply chain services to OEMs and software publishers globally, has received a promising outlook based on Smartkarma Smart Scores. These scores indicate the company’s performance in various aspects. Notably, Synnex Corp scores high in Growth and Momentum, indicating strong potential for future expansion and positive market performance. This suggests a bright long-term outlook for the company as it continues to capitalize on growth opportunities and maintain market momentum.
Although Synnex Corp shows strength in Growth and Momentum, it also maintains a solid position in Value and Resilience, further bolstering its long-term prospects. However, the company scores lower in Dividend, signifying room for improvement in this area. Overall, with a combination of strong scores in key factors, Synnex Corp seems well-position to seize growth opportunities and navigate challenges, making it a compelling choice for investors eyeing long-term returns.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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