For the quarter ended November 2024, TD SYNNEX (SNX) reported revenue of $15.84 billion, up 10% over the same period last year. EPS came in at $3.09, compared to $3.13 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $15.29 billion, representing a surprise of +3.64%. The company delivered an EPS surprise of +0.98%, with the consensus EPS estimate being $3.06.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TD SYNNEX performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Americas: $9.24 billion versus the two-analyst average estimate of $8.81 billion. The reported number represents a year-over-year change of +10.6%.
- Revenue- Europe: $5.50 billion compared to the $5.56 billion average estimate based on two analysts. The reported number represents a change of +5.5% year over year.
- Revenue- Asia-Pacific and Japan: $1.10 billion compared to the $913.59 million average estimate based on two analysts. The reported number represents a change of +31.8% year over year.
Shares of TD SYNNEX have returned -1.9% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
