Tech Data Corp. (TECD) reported first quarter EPS of $1.24 Monday morning, up from $1.03 in the previous year. The consensus estimate was for EPS of $1.16.
Tech Data has been rising since the open of trade Monday and is currently higher by 2.33 at $49.79. The stock has rebounded off of support, following a 3-week decline.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.