TD SYNNEX is set to report earnings this Thursday morning. Analysts expect revenue to grow 12.3% year on year, an improvement from the 7.2% increase in the same quarter last year. The company beat revenue expectations last quarter, reporting $17.16 billion, up 18.1% year on year. Over the last 30 days, analyst estimates have been largely unchanged, though the company has missed Wall Street revenue estimates multiple times over the past two years. TD SYNNEX shares are up 23.4% over the last month, trading at $296.15, above the average analyst price target of $265.09.
Synnex CorporationEarnings report expected; revenue growth forecast but past misses and stock trading above analyst target create mixed outlook.