- TD SYNNEX reported fourth-quarter adjusted EPS of $3.09, beating the estimate of $3.05, though it decreased slightly compared to $3.13 from the previous year.
- The company posted a revenue of $15.84 billion, marking a 10% increase year-over-year and surpassing the estimated $15.23 billion.
- Adjusted EBITDA was reported at $450.5 million, a decline of 1.1% from the previous year, but exceeding the expectation of $446 million.
- The adjusted operating margin decreased to 2.7% from 2.96% year-over-year but was close to the estimate of 2.73%.
- For the first quarter, TD SYNNEX forecasts adjusted EPS between $2.65 and $3.15, with an estimated EPS of $2.95.
- Projected revenue for the upcoming quarter is between $14.4 billion to $15.2 billion, compared to an estimate of $14.76 billion.
- CEO Patrick Zammit attributed the strong quarterly results to TD SYNNEX’s comprehensive portfolio, global reach, and unique value proposition.
- Investment analysts show confidence in the company with 9 buy ratings, 3 hold ratings, and no sell ratings.
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A look at Synnex Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SYNNEX Corporation, a provider of information technology supply chain services to global original equipment manufacturers and software publishers, has received a mix of Smart Scores indicating its long-term outlook. With a strong Value score of 4, the company is deemed to offer good value to investors. While its Dividend, Growth, Resilience, and Momentum scores all align at 3, reflecting a stable performance across these factors. This suggests that while the company is not excelling in any particular area, it maintains a consistent position across various aspects.
SYNNEX Corp’s Smart Scores paint a picture of a company that is valued in the market, maintains a steady growth trajectory, and demonstrates resilience and momentum. Investors looking for a balanced investment opportunity may find SYNNEX Corp appealing based on these scores. With a focus on information technology supply chain services, product distribution, logistics, and contract assembly, the company’s diversified offerings and stable performance across key factors contribute to a positive long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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