All Posts Tagged With: "TECD"
(AAPL) Personal Computer Market Losing Luster
Uncertainty continues to loom over the PC market. The rise of next generation ultra-portable gadgets (mainly tablets) has taken the market by storm, diverting consumer spending dollars from traditional desktops and notebooks.
The success of Apple Inc.’s...
(TECD) Tech Data Analyst Maintains Neutral Rating on Shares
We maintain a Neutral recommendation on Tech Data Corp. (TECD).
Tech Data’s second quarter 2011 results beat the Zacks Consensus Estimate and recorded the most profitable second quarter in the company’s...
(TECD) Tech Data Expands Consumer Electronics Product Offerings
Tech Data Corporation (TECD) will be offering 3D TVs and Lenovo’s IdeaPad laptop PCs to retailers in the consumer electronics market, thereby expanding its consumer electronics product offering and diversifying...
(TECD) Tech Data Corporation Earnings Scorecard
Tech Data Corp. (TECD) reported better-than-expected results for the fiscal fourth quarter 2010 on March 2, beating the Zacks Consensus Estimate by a huge difference of $1.01 per share, posting a surprise...
(TECD) Tech Data Corporation Outperforms Earnings Expectations
Tech Data Corp. (TECD) announced encouraging results for the fourth quarter of fiscal 2010. Net income was $70.1 million compared to $57.0 million in the year-ago quarter. Earnings per share (EPS) were $1.35...
(TECD) Tech Data Corporation – Bullish Forecasts – New Share Buyback Announced
Tech Data Corp. (TECD), which recently announced $100 million share buyback, is seeing bullish earnings forecasts on a solid fiscal third-quarter. The full-year Zacks Consensus Estimate of $3.17 per share...
(TECD) Tech Data Corporation – Bull of the Day
Tech Data (TECD) reported better-than-expected results for the third quarter, beating the Zacks Consensus Estimates. Moreover, the company gave encouraging revenue guidance for the upcoming quarter. We expect...
(TECD) Tech Data Corporation Upped to Outperform
We upgrade Tech Data Corporation (TECD) from Neutral to Outperform indicating that it would perform above the market. The shares trade at a premium to the industry leader, Ingram Micro Inc...
(TECD) Tech Data Corp Beats Expectations – Ups Guidance
Tech Data Corp. (TECD) announced encouraging financial results for the third quarter of fiscal 2010. Net income was $43.1 million compared to $16.8 million in the year-ago quarter. Earnings per share (EPS)...
(TECD) Tech Data Corporation – Surprised Consensus Estimates by 55.56%
Tech Data Corporation (TECD) beat Wall Street estimates for the third straight quarter in August and sees IT spending stabilizing in the Americas in the upcoming quarter. TECD trades at 14.9x forward earnings.
Company Description
Tech...
(TECD) Tech Data Outperforms – value-added resellers accounted for 50% of second quarter revenue
Tech Data Corp. (TECD) has declared encouraging financial results for the second quarter of fiscal 2010. Total revenue was $5.2 billion compared to $6.2 billion in the prior-year quarter. However, this was above the Zacks Consensus Estimate of $5.04 billion.
The...