Synnex Corporation (NYSE:SNX) provider of business processing services, is expected to report second quarter earnings results, after market close, on Thursday 25th June 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 2.12 per share.
Looking ahead, the full year income are expected at $ 5.87 per share on the revenues of $ 21579.00 million.
Historical Earnings Performance
The pervious quarter 1Q20 results exceeded street view, the report interpreted income of $ 3.26 per share from the top line of $ 5,264.20 million, analysts anticipated $ 3.10 per share
In the same quarter last year, the 2Q19 results exceeded street expectation, the report represented earnings of $ 2.86 per share from the revenues of $ 5,722.89 million, analysts expected $ 2.71 per share
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Stock Performance
According to the previous trading day, closing price of SNX was $ 102.59, representing a 97.06 % increase from the 52 week low of $ 52.06 and a 32.98 % decrease over the 52 week high of $ 153.07.
The company has a market capital of $ 5.28 billion and is part of the Industrials sector and Business Services industry.
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Conference Call
Synnex Corporation will be hosting a conference call at 5:00 PM eastern time on 25th June 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (866) 393-4306 or (763) 488-9145 Outside U.S., with passcode : 7294773 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.synnexcorp.com
SYNNEX Corporation provides business process services in the Americas, Asia-Pacific, Europe and Africa. It operates in two segments, Technology Solutions and Concentrix. The Technology Solutions segment distributes peripherals; information technology systems, including data center servers and storage solutions; system components; software; networking, communications, and security equipment; consumer electronics; and complementary products.
