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.
For comments and feedback: editorial@rttnews.com