Synnex Corporation (snx) is expected to report earnings of $3.10 a share on sales of $5.4 billion after the market close on Wednesday, Jan. 10, based on a FactSet survey of seven analysts. In the same period a year ago the company posted earnings of $2.79 a share on sales of $5.3 billion.
The stock has fallen 1.8% since the company last reported earnings on Oct. 3. Quarterly estimates have risen 10.4 cents a share in the past month.
Synnex is currently trading at a price-to-forward-earnings ratio of 7.3 based on the 12-month estimates of 7 analysts surveyed by FactSet.
The company offered guidance of $3.25 a share on Dec. 10, according to FactSet. Shares have risen 4% since then.