TD Synnex shares are trading lower after the company reported worse-than-expected Q2 EPS and revenues.
Portfolio Pulse from Benzinga Newsdesk
TD Synnex shares are trading lower after the company reported worse-than-expected Q2 EPS and revenues.
June 25, 2024 | 12:07 pm
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NEGATIVE IMPACT
TD Synnex reported Q2 earnings per share (EPS) and revenues that fell short of expectations, leading to a decline in its share price.
The company's failure to meet earnings and revenue expectations typically results in a negative market reaction, as it indicates potential issues in business performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100