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TD SYNNEX Corporation (SNX)
:SNX
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Earnings Data
Report Date
Apr 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.91Last Year’s EPS
2.99Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 10, 2019
|% Change Since: 12.29%
|Next Earnings Date:Oct 03, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and successful global expansion, particularly in Asia Pacific, as well as increased dividends. However, challenges such as declining operating margins and macroeconomic uncertainties in Europe were noted. The overall sentiment is cautiously optimistic, with a focus on future growth opportunities.Company Guidance
During the TD SYNNEX Q4 2024 earnings call, the company reported a 10% year-over-year revenue growth and a 7% growth in gross billings. They generated $513 million in free cash flow for Q4, reaching their $1 billion target for the full fiscal year. The company returned 72% of their annual free cash flow through buybacks and dividends. Gross billings in endpoint solutions increased by 3%, while their cloud, cybersecurity, and data analytics portfolios grew by double digits across all geographic segments. The Hyve segment demonstrated strong revenue growth, although it impacted operating margins due to a tough year-over-year comparison. For fiscal year 2025, TD SYNNEX expects gross billings to grow in the mid-single digits, with a free cash flow target of approximately $1.1 billion.Strong Revenue and Gross Billings Growth
Revenue increased by 10% year-over-year, and gross billings grew by 7%, exceeding expectations. The company generated $1 billion in free cash flow for the fiscal year.
Hyve Segment Growth
Hyve revenue grew by double digits in Q4, attributed to its improved end-to-end capabilities and increased cloud adoption.
Dividend Increase
The Board of Directors approved a 10% increase to the cash dividend, reflecting confidence in the company's financial position.
Global Expansion Success
TD SYNNEX expanded its vendor relationships in key markets like India and Japan, growing gross billings by 31% year-over-year in Asia Pacific.
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SNX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 10, 2025 | $122.10 | $134.01 | +9.75% |
| Sep 26, 2024 | $116.90 | $118.31 | +1.21% |
| Jun 25, 2024 | $128.45 | $116.16 | -9.57% |
| Mar 26, 2024 | $104.35 | $111.11 | +6.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TD SYNNEX Corporation (SNX) report earnings?
TD SYNNEX Corporation (SNX) is schdueled to report earning on Apr 01, 2025, TBA Not Confirmed.
What is TD SYNNEX Corporation (SNX) earnings time?
TD SYNNEX Corporation (SNX) earnings time is at Apr 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNX EPS forecast?
SNX EPS forecast for the fiscal quarter 2025 (Q1) is 2.91.
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