Tech Data (TECD) reported earnings on Thur 31 May 2018 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Tech Data beats by $0.37, beats on revs; guides Q2 revs above consensus 

• Reports Q1 (Apr) earnings of $1.84 per share, $0.37 better than the Capital IQ Consensus of $1.47; revenues rose 21.6% year/year to $8.54 bln vs the $8.13 bln Capital IQ Consensus.
• Co issues guidancefor Q2, sees EPS of $1.95-2.25 vs. $2.10 Capital IQ Consensus Estimate; sees Q2 revs of $8.6-8.9 bln vs. $8.58 bln Capital IQ Consensus Estimate.