Connection (CNXN) To Report Earnings Tomorrow: Here Is What To Expect

IT solutions provider Connection (NASDAQ:CNXN) will be reporting results tomorrow after market hours. Here’s what you need to know.

Connection missed analysts’ revenue expectations by 1% last quarter, reporting revenues of $708.9 million, up 1.8% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EPS estimates.

Is Connection a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Connection’s revenue to grow 2.2% year on year to $646 million, a reversal from the 13.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.42 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Connection has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Connection’s peers in the tech hardware & electronics segment, some have already reported their Q1 results, giving us a hint as to what we can expect. TD SYNNEX delivered year-on-year revenue growth of 4%, missing analysts’ expectations by 1.7%, and Knowles reported a revenue decline of 32.7%, topping estimates by 2.5%. TD SYNNEX traded down 16.6% following the results while Knowles was up 2.6%.

Read our full analysis of TD SYNNEX’s results here and Knowles’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the tech hardware & electronics stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Connection’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $76 (compared to the current share price of $61.97).

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