BUZZ-TD Synnex rises after Q2 earnings beat, upbeat forecasts

TD SYNNEX Corporation

TD SYNNEX Corporation

SNX

0.00

** Shares of U.S.-based IT distributor TD Synnex SNX.N rise 3% to $291.16 after strong second-quarter results

** SNX reports Q2 adjusted EPS of $4.85, above estimates of $4.14 - LSEG-compiled data

** Forecasts Q3 adjusted EPS in range of $4.25 to $4.75, surpassing estimates of $4.03 per share

** SNX beat revenue, profit estimates over past four quarters

** On average, brokerages rate the stock "buy" or higher, their median PT is $300 - LSEG-compiled data

** Up to last close, stock up ~90% YTD


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