SNX - TD SYNNEX Analysts Increase Their Forecasts After Upbeat Q1 Earnings | Benzinga
TD SYNNEX Corporation (NYSE: SNX) reported better-than-expected first-quarter earnings.
The company reported first quarter adjusted earnings per share of $2.99, beating the street view of $2.84. The company reported quarterly revenue of $13.975 billion, missing the analyst view of $14.357 billion, according to data from Benzinga Pro.
TD SYNNEX Board of Directors has approved a share repurchase program of up to $2 billion of its common stock, supplementing the existing program of approximately $197 million remaining.
The company declared a quarterly cash dividend of $0.40 per common share. The dividend is payable on April 26, 2024, to stockholders of record as of the close of business on April 12, 2024.
"We generated strong ...