SNX

CLEARWATER, Fla. & FREMONT, Calif., June 04, 2026--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced it will report its financial results for its second fiscal quarter 2026, ended May 31, 2026, before market open on Thursday, June 25, 2026, followed by an earnings conference call and webcast at 9:00 a.m. ET. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Quarterly Results" section of the Company’s website at https://ir.tdsynnex.com/ir-home/default.aspx starting at approximately 7:00 a.m. ET. A replay of the webcast will be available following the call. About TD SYNNEX TD SYNNEX (NYSE: SNX) is a leading global distributor, solutions aggregator, and original design and contract manufacturer that plays a central role in connecting the technology ecosystem. We support more than 150,000 customers across over 100 countries with a comprehensive edge-to-cloud portfolio spanning cybersecurity, analytics, artificial intelligence, mobility, and Everything-as-a-Service. We are a Fortune 100 company that helps partners maximize the value of technology investments and achieve measurable business outcomes through our global reach, expertise and enablement capabilities. Headquartered in Clearwater, Florida, and Fremont, California, the Company's distribution business brings together a broad portfolio of IT hardware, software and systems, providing access to products across the global IT ecosystem. The Company's Hyve Solutions business partners with technology companies to design, manufacture, and deliver traditional and accelerated compute, cloud, and connected infrastructure. For more information, visit www.TDSYNNEX.com, follow our newsroom or follow us on LinkedIn, Facebook and Instagram. Safe Harbor Statement Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release. Copyright 2026 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SY...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? TD SYNNEX (SNX), which belongs to the Zacks Computers - IT Services industry, could be a great candidate to consider. When looking at the last two reports, this high-tech contractor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 24.58%, on average, in the last two quarters. For the last reported quarter, TD SYNNEX came out with earnings of $4.73 per share versus the Zacks Consensus Estimate of $3.26 per share, representing a surprise of 45.09%. For the previous quarter, the company was expected to post earnings of $3.68 per share and it actually produced earnings of $3.83 per share, delivering a surprise of 4.08%. Thanks in part to this history, there has been a favorable change in earnings estimates for TD SYNNEX lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. TD SYNNEX has an Earnings ESP of +3.78% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #1 (Strong Buy), it shows that another beat is possibly around the corner. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS...

Samsara Inc. IOT is scheduled to report first-quarter fiscal 2027 results on June 4, after market close. For the first quarter of fiscal 2027, management expects non-GAAP earnings per share between 12 cents and 13 cents. The consensus mark is pegged at 13 cents per share, indicating an increase of 18% from the prior-year quarter’s reported figure. The estimate has remained unchanged over the past 60 days. Samsara’s earnings beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, delivering an average earnings surprise of 54.6%. For the first quarter of fiscal 2027, Samsara expects revenues between $454 million and $456 million. The Zacks Consensus Estimate is pegged at $455.5 million, suggesting growth of approximately 24% from the year-ago quarter’s reported figure. Samsara Inc. price-eps-surprise | Samsara Inc. Quote Samsara’s fiscal first-quarter performance is expected to have benefited from the scaling of its AI-powered connected platform. Even more encouraging is the company’s traction with its largest accounts. ARR from customers contributing more than $1 million annually grew 56% year over year in the fourth quarter. The traction is likely to have continued in the first quarter of fiscal 2027. Samsara’s fiscal first-quarter performance is expected to have benefited from strong multiproduct adoption. About 96% of customers with more than $100,000 in ARR now use at least two products, while 69% use three or more. Nine of the top 10 net new ACV deals in the fourth quarter included two or more products. This trend is likely to have continued in the to-be-reported quarter. AI continues to be a key growth catalyst for IOT as a rising number of construction, logistics, transportation and public sector entities are adopting AI-powered solutions for safety, maintenance and workflow management to optimize the operations and fleet management. Offerings launched over the last two years accounted for 23% of net new ACV in the fourth quarter, showing that customers are responding to the company’s broader product expansion. These trends are likely to have persisted in the first quarter of fiscal 2027 as well. As Samsara collaborates with leading OEMs of the world and uses worker training & gamification in its offerings, this is expected to have benefited the company in enhancing adoption and retention in the to-be-reported quarter. The...

Autodesk ADSK is scheduled to release first-quarter fiscal 2027 results on May 28.ADSK expects first-quarter fiscal 2027 revenues to range from $1.885 billion to $1.9 billion.The Zacks Consensus Estimate for first-quarter fiscal 2027 revenues is pegged at $1.89 billion, indicating 16.02% year-over-year growth.ADSK’s first-quarter fiscal 2027 diluted non-GAAP earnings per share are expected to be between $2.82 and $2.86.The consensus mark for the to-be-reported quarters' earnings is pegged at $2.84 per share, unchanged over the past 30 days. The estimate indicates year-over-year growth of 24.02%. Autodesk, Inc. price-eps-surprise | Autodesk, Inc. Quote ADSK beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, with an average surprise of 7.5%.Let’s see how things have shaped up before this announcement. Autodesk is expected to have entered the first quarter of fiscal 2027 with robust momentum following stronger-than-expected fourth-quarter fiscal 2026 results. Continued strength in architecture, engineering, construction and operations, particularly in construction and emerging markets, has been the primary driver of that carry-forward momentum. ADSK is expected to have benefited from resilient enterprise demand, healthy renewal activity and sustained adoption of cloud-based design and workflow solutions during the quarter. Momentum in enterprise business agreements, product subscription billings and upfront revenue is expected to remain healthy entering fiscal 2027.Autodesk's expanding AI and cloud investments are expected to have further supported customer engagement during the period. The company highlighted broader deployment of AI-driven capabilities across design and manufacturing workflows. Continued integration of Autodesk Construction Cloud into Autodesk Forma and a $200 million strategic investment in World Labs are expected to have strengthened its position in AI-powered spatial intelligence and 3D world modeling. Autodesk has also expanded industry partnerships across sustainable infrastructure, manufacturing automation and small-business offerings. These initiatives are expected to have reinforced platform adoption and cross-selling opportunities across architecture, engineering, construction, manufacturing and media-focused customer verticals globally.However, fiscal first-quarter results are expected to have reflecte...

MongoDB MDB is scheduled to release its first-quarter fiscal 2027 results on May 28.MDB expects first-quarter fiscal 2027 revenues to range from $659 million to $664 million.The Zacks Consensus Estimate for first-quarter fiscal 2027 revenues is pegged at $662.17 million, indicating 20.61% year-over-year growth.MDB’s first-quarter fiscal 2027 diluted non-GAAP earnings per share are expected to be between $1.15 and $1.19.The consensus mark for the to-be-reported quarters' earnings is pegged at $1.18 per share, unchanged over the past 30 days. The estimate indicates year-over-year growth of 18%. MongoDB, Inc. price-eps-surprise | MongoDB, Inc. Quote MDB beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, with an average surprise of 47.36%.Let’s see how things have shaped up before this announcement. MongoDB is expected to have entered the first quarter of fiscal 2027 with robust cloud demand momentum and continued enterprise adoption following strong fourth quarter fiscal 2026 performance. MDB’s upcoming results are expected to have benefited from sustained Atlas consumption growth, driven by increasing adoption among large enterprises, digital native customers and organizations building AI-enabled applications. Higher usage of integrated platform capabilities, including vector search, is likely to have supported subscription revenue growth during the quarter.MongoDB's Enterprise Advanced business is expected to have contributed steadily to results, supported by demand from regulated industries seeking hybrid and on-premises database deployments for mission-critical workloads. Large multi-year agreements across financial services, public sector and telecommunications customers are likely to have remained a constructive factor. Improving platform adoption and customer expansion within existing accounts are expected to have aided revenue trends.During the quarter to be reported, MDB expanded its AI platform through Voyage AI integrations, automated embedding capabilities and developer-focused AI tools. These initiatives are expected to have strengthened the company's positioning in production-scale AI workloads and enterprise modernization projects. Ongoing investments in partner ecosystems, developer engagement and platform innovation are likely to have been aimed at broadening developer reach and platform adoption.However, performa...

Photronics PLAB is set to report its second-quarter fiscal 2026 results on May 28.For the to-be-reported quarter, PLAB expects revenues between $212 million and $220 million. Non-GAAP earnings are expected to be between 49 cents and 55 cents per share.The Zacks Consensus Estimate for second-quarter revenues is pegged at $217.32 million, suggesting a 3% year-over-year rise. The consensus mark for earnings is pinned at 53 cents per share, down 1 penny over the past 30 days, indicating 32.5% growth from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing once, with the average surprise being 13.68%. Photronics, Inc. price-eps-surprise | Photronics, Inc. Quote Let’s see how things are likely to have shaped up before this announcement. Photronics' second-quarter fiscal 2026 results are likely to have been influenced by continued strength in high-end IC demand. The company stated that order demand remained healthy for masks supporting AI-driven chip packaging applications and High-NA EUV development projects, partially offsetting the seasonal impact of the Chinese New Year holiday.China is likely to have remained a major growth driver during the quarter. Management noted increasing migration by Chinese customers toward 22nm and 28nm technologies, resulting in additional tape-outs and stronger demand for advanced photomasks. The company also emphasized its strong competitive positioning in China’s high-end market, where customer qualification barriers remain high for new entrants.The company’s high-end product mix is likely to have supported margins in the fiscal second quarter of 2026. High-end masks carry significantly higher ASPs and contribute meaningfully to profitability. Photronics also continued maximizing utilization at its Boise facility while preparing the Allen expansion project to support mainstream production and free up capacity for advanced-node opportunities.Flat Panel Display performance was also likely aided by strong mainstream demand tied to China’s IT display market. The company stated that larger-sized display projects aligned well with its manufacturing strengths. Growing adoption of AMOLED and emerging G8.6 technologies likely further supported advanced FPD mask demand.However, the second-quarter fiscal 2026 performance was likely affected by s...

PDD Holdings PDD is scheduled to release first-quarter 2026 results on May 27.The Zacks Consensus Estimate for PDD’s first-quarter revenues is pegged at $15.94 billion, indicating growth of 20.92% on a year-over-year basis.The consensus mark for first-quarter earnings is pegged at $2.23 per share, unchanged over the past 30 days, indicating a 42.95% increase year over year.PDD beat the Zacks Consensus Estimate for earnings in the trailing two quarters of the four, with an average positive surprise of 8.01%. PDD Holdings Inc. Sponsored ADR price-consensus-eps-surprise-chart | PDD Holdings Inc. Sponsored ADR Quote PDD Holdings' first-quarter 2026 results are expected to reflect the momentum from the company's deepening supply chain investments, which have been gradually strengthening the quality and competitiveness of its domestic merchant ecosystem. Transaction services revenue has been a relative bright spot in recent quarters, and the continued buildout of rural logistics infrastructure and the new quality supply program are expected to have supported incremental volume growth on the Pinduoduo platform. Domestically, early signs of a consumer spending recovery and stronger performance during major promotional periods are expected to have provided some tailwind to overall platform activity during the period.However, sustained profitability pressure is expected to have persisted through the first quarter of 2026. The company's RMB 100 billion merchant support program, which includes fee reductions and supply chain subsidies, has kept expense levels elevated and that trend is expected to have continued limiting margin expansion. China's e-commerce landscape remains intensely competitive and online marketing revenues, which had already decelerated sharply in the prior quarter, is expected to have remained under pressure as merchants exercised greater caution on advertising spend.Internationally, Temu's operating environment deteriorated meaningfully during the quarter. The removal of the U.S. de minimis exemption for Chinese goods effectively eroded the pricing advantage that had fueled the platform's rapid cross-border growth, and transaction volumes are expected to have come under pressure as a result. An ongoing European Commission inquiry into Temu's compliance with the Digital Services Act is expected to have added regulatory costs and uncertainty to PDD's...

SentinelOne S is set to release first-quarter fiscal 2027 results on May 28, 2026. The company expects fiscal first-quarter revenues of $276-$278 million and adjusted earnings to be in the range of 1 cent to 2 cents per share. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at $277.12 million, suggesting growth of 21% from the figure reported in the year-ago quarter.The consensus mark for earnings has remained at 2 cents per share over the past 30 days. The company reported earnings of 2 cents in the year-ago quarter.SentinelOne’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and matched the remaining one, with an average earnings surprise of 22.50%.Let’s see how things are likely to have shaped up for this announcement. SentinelOne, Inc. price-eps-surprise | SentinelOne, Inc. Quote SentinelOne’s annualized recurring revenues (ARR) increased 22% year over year to $1.12 billion in the fourth quarter of fiscal 2026. Customers with ARR of $100,000 or more jumped 18% year over year to 1,667 as of Jan. 31, 2026. The momentum is expected to have continued in the first quarter of fiscal 2027. Continued adoption of AI-driven solutions, including Purple AI, Prompt Security and the broader Singularity platform, is likely to have remained a major growth driver in the fiscal first quarter. Purple AI achieved a record attach rate of more than 50% on licenses sold in the fiscal fourth quarter, supported by strong demand from both existing and new customers. Management also highlighted triple-digit growth in AI security and rising enterprise demand for secure AI deployment, governance and agentic workflows. Growing cross-platform adoption is expected to have continued to increase ARR per customer and expand average deal sizes.Strength in non-endpoint businesses is also likely to have contributed to fiscal first-quarter performance. Cloud security ARR surpassed $160 million in the fiscal fourth quarter, while data solutions ARR exceeded $130 million, with accelerating growth. Wayfinder Threat Services crossed $100 million in ARR, benefiting from rising enterprise demand for AI-supervised security operations and managed detection capabilities.S continued strengthening its strategic partnerships in the fourth quarter of fiscal 2026 to expand market reach and platform adoption. Management highlighted strong momentum wit...

Digital Turbine APPS is slated to release fourth-quarter fiscal 2026 results on May 26.The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at 9 cents per share, down 3 cents over the past 30 days. This indicates a decline of 10% from the year-ago quarter’s reported figure.APPS’ earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, the average surprise being 87.5%.Let’s see how things might have shaped up prior to the announcement. Digital Turbine, Inc. price-eps-surprise | Digital Turbine, Inc. Quote APPS’ fiscal fourth-quarter performance is expected to have benefited from continued international expansion within its On-Device Solutions (“ODS”) business. Management stated that international revenues on the Ignite platform grew more than 60% year over year in the third fiscal quarter, driven by over 20% increases in device volumes and revenues per device. The company also noted that, for the first time, more than 30% of Ignite revenues were generated outside the United States, suggesting that international carrier and OEM partnerships likely remained major contributors entering the fourth fiscal quarter.The Application Growth Platform (“AGP”) business likely remained another key driver in the fourth fiscal quarter. Management highlighted 19% year-over-year growth in AGP revenues to $53 million in the third fiscal quarter, supported by stronger advertiser demand, improving pricing and higher fill rates for premium placements. The company also pointed to more than 30% growth in its DTX/SSP business and increasing non-gaming inventory volumes. In addition, retail media demand accelerated sharply, with the retail vertical growing 5x compared with the prior holiday season. This indicates that advertising momentum and vertical-focused sales execution likely supported fourth-quarter performance.AI and platform integration efforts likely remained positive contributors. Management emphasized that integrated tech stacks and AI-driven optimization improved monetization, targeting, coding efficiency, quality assurance and operational discipline. Gross profit increased more than 25% while operating expenses declined year over year, highlighting operating leverage that may have continued into the fourth fiscal quarter. The company cited the growing “flywheel” effect between app monetization and user acquisition across mor...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at TD SYNNEX (NYSE:SNX) and the best and worst performers in the it distribution & solutions industry. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 7 it distribution & solutions stocks we track reported an exceptional Q1. As a group, revenues beat analysts’ consensus estimates by 6.4% while next quarter’s revenue guidance was 0.6% below. Thankfully, share prices of the companies have been resilient as they are up 8.4% on average since the latest earnings results. Serving as the crucial middleman in the technology supply chain, TD SYNNEX (NYSE:SNX) is a global technology distributor that connects thousands of IT manufacturers with resellers, helping businesses access hardware, software, and technology solutions. TD SYNNEX reported revenues of $17.16 billion, up 18.1% year on year. This print exceeded analysts’ expectations by 9.5%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EPS guidance for next quarter estimates. “We’re pleased with how we’ve started fiscal 2026. In the first quarter, we delivered record non-GAAP gross billings and non-GAAP diluted earnings per share, while continuing to expand profitability and build on the execution and momentum established over the past year,” said Patrick Zammit, CEO of TD SYNNEX. Interestingly, the stock is up 48.6% since reporting and currently trades at $237.96. We think TD SYNNEX is a good business, but is it a buy today? Read our full report here, it’s free. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distribu...

It has been about a month since the last earnings report for TD SYNNEX (SNX). Shares have added about 20.3% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is TD SYNNEX due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for TD SYNNEX Corporation before we dive into how investors and analysts have reacted as of late. TD SYNNEX reported non-GAAP earnings of $4.73 per share for the first quarter of fiscal 2026, which beat the Zacks Consensus Estimate by 45.24%. The bottom line increased 69% year over year. SNX’s revenues increased 18.1% year over year to $17.2 billion and beat the consensus mark by 10.4%. On a constant-currency (cc) basis, revenues represented 13.2% year-over-year growth, driven by advancements in the Endpoint Solutions and Advanced Solutions portfolios. Categorically, revenues from Endpoint Solutions reached $8.5 billion, reflecting 19% year-over-year growth. Revenues from Advanced Solutions totaled $6.5 billion, reflecting 15% year-over-year growth. Revenues from Hyve Solutions reached $2.2 billion, reflecting 24% year-over-year growth. First-quarter gross profit increased 25.5% year over year to $1.25 billion, whereas the gross margin expanded 40 basis points (bps) to 7.3%. Adjusted selling, general & administrative (SG&A) expenses increased to $662.6 million from the year-ago quarter’s $599.2 million. As a percentage of revenues, SG&A expenses contracted 30 bps on a year-over-year basis to 3.9%. The fiscal first-quarter non-GAAP operating income was up 47.8% year over year to $589.6 million. The non-GAAP operating margin expanded by 70 bps on a year-over-year basis to 3.4%. Non-GAAP gross billings were $25.8 billion at the end of the first quarter, up 24.4% on a year-over-year basis. On a cc basis, non-GAAP gross billings increased 19.9% from the prior-year quarter. As of Feb. 28, 2026, TD SYNNEX’s cash and cash equivalents were $1.56 billion compared with $2.44 billion as of Nov. 30, 2025. The long-term debt was $3.59 billion for the reported quarter, in line with the prior quarter’s level. During the first quarter, the company used $895.9 million of cash for operational activities and generated a negative free cash flow of $929...

At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price. Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks - TD SYNNEX SNX, Petroleo Brasileiro PBR or Petrobas, Venture Global VG and ConocoPhillips COP. However, this apparently simple value investment technique has some drawbacks and not understanding the strategy properly may often lead to “value traps.” In such a situation, these value picks start to underperform over the long run as the temporary problems, which once drove the share price down, turn out to be persistent. There are many value investment yardsticks, such as dividend yield, P/E or P/B, which are simple and can single out whether a stock is trading at a discount. However, for investors looking to escape such value traps, it is also vital to determine where the stock would be headed in the next 12 to 24 months. Warren Buffett advises these investors to focus on the earnings growth potential of a stock. This is where lies the importance of a not-so-popular value investing metric, the PEG ratio. PEG Ratio at a Glance The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate A low PEG ratio is always better for value investors. While P/E alone fails to identify a true value stock, PEG helps find the intrinsic value of a stock. There are some drawbacks to using the PEG ratio. It doesn’t consider the very common situation of changing growth rates, such as the forecast of the first three years at a very high growth rate, followed by a sustainable but lower growth rate over the long term. Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration. Here are some of the screening criteria for a winning strategy: PEG Ratio less than X Industry Median P/E Ratio (using F1) less than X Industry Median (for more accurate valuation purposes) Zacks Rank #1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or 2 have a proven history of success...