SYNNEX Expects Q3 Revenue Of $13.50B-$14.50B Vs. $14.96B Estimate, Adjusted EPS Of $2.20-$2.70 Vs. $2.76 Estimate
Portfolio Pulse from Benzinga Newsdesk
SYNNEX expects Q3 revenue of $13.5B-$14.5B, lower than the $14.96B estimate, and adjusted EPS of $2.20-$2.70, below the $2.76 estimate.
June 27, 2023 | 12:14 pm
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SYNNEX's Q3 revenue and adjusted EPS are expected to be lower than estimates, potentially impacting its stock price.
SYNNEX's lower-than-expected Q3 revenue and adjusted EPS forecasts may lead to negative investor sentiment and a potential decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100