SYNNEX Co. (SNX) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.02-1.06 for the period.

Shares of SYNNEX Co. (SNX) traded down 1.50% during mid-day trading on Tuesday, hitting $34.25. SYNNEX Co. (SNX) has a one year low of $24.09 and a one year high of $44.25. The company has a market cap of $1.256 billion and a P/E ratio of 8.02.

SYNNEX last issued its quarterly earnings data on Tuesday, September 25th. The company reported $0.93 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.94 by $0.01. The company’s quarterly revenue was up .2% on a year-over-year basis.

SNX has been the subject of a number of recent research reports. Analysts at Credit Agricole initiated coverage on shares of SYNNEX in a research note to investors on Tuesday, August 14th. They set a buy rating on the stock. Analysts at JPMorgan Chase upgraded shares of SYNNEX from a neutral rating to an overweight rating in a research note to investors on Wednesday, August 8th.

SYNNEX Corporation (SYNNEX) is a business process services company, servicing resellers, retailers and original equipment manufacturers (OEMs), in multiple regions globally.

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