TD Synnex Q2 EPS $2.43 Misses $2.55 Estimate, Sales $14.06B Miss $14.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
TD Synnex reported Q2 earnings of $2.43 per share, missing the analyst consensus estimate of $2.55 by 4.71%. Sales were $14.06 billion, missing the estimate of $14.42 billion by 2.48%. This represents a 10.66% decrease in earnings and a 7.91% decrease in sales compared to the same period last year.
June 27, 2023 | 12:09 pm
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NEGATIVE IMPACT
TD Synnex's Q2 earnings and sales missed estimates, with a 10.66% decrease in earnings and a 7.91% decrease in sales compared to the same period last year.
TD Synnex's Q2 earnings and sales both missed analyst estimates, with a significant decrease in earnings and sales compared to the same period last year. This negative performance is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100