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SNX Synnex Corp beats estimates by 36.03%

Long
NYSE:SNX   SYNNEX CORP
Synnex ( SNX ) came out with quarterly earnings of $5.21 per share, beating the Zacks Consensus Estimate of $3.83 per share. This compares to earnings of $4.26 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 36.03%. A quarter ago, it was expected that this high-tech contractor would post earnings of $2.31 per share when it actually produced earnings of $3.33, delivering a surprise of 44.16%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Synnex posted revenues of $7.41 billion for the quarter ended November 2020, surpassing the Zacks Consensus Estimate by 12.88%. This compares to year-ago revenues of $6.58 billion. (fool.com)

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