EL7.AI
Stocks•25 June 2026•
1 min read

TD SYNNEX forecasts Q3 EPS $4.25-$4.75, expands Hyve capacity by over 1M sq ft

Key Facts

1TD SYNNEX forecasts Q3 non-GAAP EPS in the range of $4.25 to $4.75.
2The company plans to expand Hyve capacity by over 1 million square feet.

Amid sustained demand for cloud computing and IT infrastructure solutions, TD SYNNEX issued its Q3 non-GAAP earnings guidance, forecasting a range of $4.25 to $4.75 per share. The company also announced plans to expand the capacity of its Hyve data center business by over 1 million square feet, according to media reports.

The guidance comes at a time of intense competition in the IT distribution sector, as major players seek to strengthen market share through expansion into cloud services. The announced plan represents a significant investment in infrastructure, aligning with industry trends towards greater enterprise cloud adoption. No consensus estimates are available yet for comparison, leaving room for market assessment of the guidance accuracy.

Investors will monitor the stock's performance in coming sessions following the announcement. The execution of the Hyve capacity expansion plan will be a key factor in evaluating the company's long-term growth prospects.