TD SYNNEX Reports Q4 2023 EPS $3.13 Vs $3.44 YoY, Revenue $14.4B Misses $14.476B Estimate
Portfolio Pulse from Benzinga Newsdesk
TD SYNNEX reported Q4 2023 earnings per share (EPS) of $3.13, a decrease from $3.44 year-over-year (YoY). The company's revenue for the quarter was $14.4 billion, which fell short of the estimated $14.476 billion.

January 09, 2024 | 1:09 pm
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TD SYNNEX's Q4 2023 earnings report showed a decline in EPS from $3.44 to $3.13 YoY and a slight revenue miss against estimates.
The reported decrease in EPS and the missed revenue expectations are likely to be viewed negatively by investors, potentially leading to a short-term decline in SNX's stock price. The earnings miss, especially when it comes to revenue, can signal slower growth or potential challenges in the business, which may affect investor sentiment.
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