NYSE$SNX
TD Synnex Corp · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
TD Synnex reported results consistent with expectations despite supply chain shortages, focusing on optimizing core business and increasing value-added services and products, leading to improved margin performance.
TD Synnex reported a slight year-over-year revenue decline for legacy SYNNEX due to ongoing industry-wide supply chain shortages, but the team executed flawlessly, focusing on optimizing the core business and increasing value-added services and products, leading to improved margin performance.
- Revenue was $5.2 billion, down 1.9% from the prior fiscal third quarter.
- Operating income was $148 million, compared to $132 million, in the prior fiscal third quarter.
- Non-GAAP operating income was $168 million, in fiscal year third quarter 2021, compared to $149 million, in the prior fiscal third quarter.
- The trailing fiscal third quarter Return on Invested Capital (“ROIC”) was 17.5% compared to 12.5% in the prior fiscal year third quarter.
Headline financials
Revenue & EPS history
TD Synnex · Revenue · Quarterly
$5.21B
Forward guidance
Revenue is expected to be in the range of $15 billion to $16 billion. Net income is expected to be in the range of $38 million to $106 million and on a non-GAAP basis, net income is expected to be in the range of $242 million to $272 million. Diluted earnings per share is expected to be in the range of $0.39 to $1.09 and on a non-GAAP basis, diluted earnings per share is expected to be in the range of $2.50 to $2.80, based on estimated outstanding diluted weighted average shares of 96.2 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2021
+0.6%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+1.7%
Avg return
30 days after
52%
35 / 67 earnings
Positive
+21.3%
Q1 2014
Best reaction
-15.4%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +2.9% | — | — | |
| Q1 2026 | -2.4% | +13.4% | — | |
| Q4 2025 | -2.2% | +3.3% | +13.5% | |
| Q3 2025 | +6.2% | +8.9% | +3.1% | |
| Q2 2025 | -0.8% | +0.8% | +6.2% | |
| Q1 2025 | -14.3% | -17.2% | -11.5% | |
| Q4 2024 | +8.8% | +11.6% | +16.9% | |
| Q3 2024 | +2.0% | -0.6% | +2.8% | |
| Q2 2024 | -10.2% | -10.8% | -10.2% | |
| Q1 2024 | +10.0% | +7.3% | +11.3% | |
| Q4 2023 | +0.5% | -1.2% | -3.9% | |
| Q3 2023 | -2.4% | -2.0% | -11.0% | |
| Q2 2023 | -7.0% | -3.8% | +0.4% | |
| Q1 2023 | +0.4% | +4.1% | -5.4% | |
| Q4 2022 | +10.1% | +11.1% | +1.6% | |
| Q3 2022 | +1.5% | -3.6% | +6.8% | |
| Q2 2022 | -7.9% | -5.9% | +1.1% | |
| Q1 2022 | -3.9% | -4.8% | -10.8% | |
| Q4 2021 | -1.3% | -2.7% | -4.3% | |
| Q3 2021 | -5.2% | -6.1% | -7.7% | |
| Q2 2021 | +2.0% | +3.0% | -1.5% | |
| Q1 2021 | +5.6% | +13.1% | +19.8% | |
| Q4 2020 | +1.5% | +0.7% | +2.2% | |
| Q3 2020 | +6.5% | +12.3% | +0.5% | |
| Q2 2020 | +13.5% | +16.7% | +18.7% | |
| Q1 2020 | -0.6% | -3.5% | -1.9% | |
| Q4 2019 | +14.7% | +16.9% | +9.0% | |
| Q3 2019 | +15.1% | +15.0% | +20.2% | |
| Q2 2019 | +7.5% | +6.5% | +7.4% | |
| Q1 2019 | +1.0% | +7.5% | +16.1% | |
| Q4 2018 | +14.3% | +6.6% | +14.9% | |
| Q3 2018 | +5.5% | -0.1% | -2.3% | |
| Q2 2018 | -10.3% | -7.9% | -12.2% | |
| Q1 2018 | -15.4% | -14.4% | -12.8% | |
| Q4 2017 | -6.0% | -1.6% | -19.7% | |
| Q3 2017 | +8.3% | +9.0% | +13.4% | |
| Q2 2017 | +6.7% | +0.6% | -0.4% | |
| Q1 2017 | -3.9% | -4.3% | -5.5% | |
| Q4 2016 | +5.9% | +4.0% | -1.1% | |
| Q3 2016 | +9.3% | +7.0% | -3.4% | |
| Q2 2016 | +1.2% | -0.4% | +6.9% | |
| Q1 2016 | -6.7% | — | — | |
| Q4 2015 | -6.8% | — | — | |
| Q3 2015 | -3.3% | — | — | |
| Q2 2015 | -10.1% | — | — | |
| Q1 2015 | -7.0% | — | — | |
| Q4 2014 | +8.3% | — | — | |
| Q3 2014 | +5.2% | — | — | |
| Q2 2014 | -4.7% | — | — | |
| Q1 2014 | +21.3% | — | — | |
| Q4 2013 | -9.6% | — | — | |
| Q3 2013 | -1.6% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -8.9% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | -6.7% | — | — | |
| Q2 2012 | -1.8% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q2 2011 | +1.3% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q1 2010 | +1.2% | — | — |
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