TD SYNNEX Sees Q2 Adj. EPS $2.50-$3.00 vs $2.78 Est., Revenue $13.3B-$14.9B vs $14.25B Est.
Portfolio Pulse from Benzinga Newsdesk
TD SYNNEX projects its Q2 adjusted EPS to be between $2.50 and $3.00, compared to the estimated $2.78, and anticipates revenue to be between $13.3 billion and $14.9 billion, against the estimated $14.25 billion.
March 26, 2024 | 12:08 pm
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NEUTRAL IMPACT
TD SYNNEX projects its Q2 adjusted EPS to be between $2.50 and $3.00, compared to the estimated $2.78, and anticipates revenue to be between $13.3 billion and $14.9 billion, against the estimated $14.25 billion.
TD SYNNEX's projected Q2 earnings and revenue ranges are both around the analysts' estimates, indicating a potential for either slight underperformance or overperformance. This creates uncertainty, hence a neutral score. The high relevance is due to the direct mention and impact of the forecast on the company. The importance is high as earnings forecasts are crucial for investors. The confidence level is high due to the clear guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100