SYNNEX Corporation SNX is slated to release third-quarter fiscal 2020 results on Sep 29.For the quarter, the company expects revenues between $5.5 billion and $5.9 billion. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $5.72 billion, indicating a 7.8% decline from the prior-year figure.Moreover, the company expects non-GAAP earnings between $2 and $2.50 per share. The consensus mark for earnings of $2.31 cents suggests a year-over-year slump of 30% from $3.30 reported in the year-ago quarter.The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 74.01%.SYNNEX Corporation Price and EPS Surprise SYNNEX Corporation price-eps-surprise | SYNNEX Corporation QuoteFactors at PlaySupply-chain disruptions caused by the coronavirus pandemic are expected to have adversely impacted SYNNEX’s fiscal third-quarter performance. Notably, Southeast Asia, China and Taiwan are key markets for the company, and the aforementioned factors are likely to have dampened SYNNEX’s sales in these markets.Furthermore, organizations are pushing back their big and expensive technology products due to the slowdown in global economic growth, which has been a major downside in the fiscal third quarter. Foreign-exchange headwinds are expected to have been an added concern.Nonetheless, negative impact of the aforementioned factors might have been partially offset by increased demand for hardware and tools, which support remote working. Notably, the coronavirus-induced work-and-learn-from-home wave is likely to have bolstered sales of peripherals, software, communication, networking, and consumer electronics products. This solid demand trend is anticipated to have been conducive to SYNNEX’s fiscal third-quarter top-line performance.Additionally, the work-and-learn-from-home necessity has been stoking demand for cloud storage. Furthermore, the lockdown has bolstered the usage of online and e-commerce services globally. Therefore, data-center operators are enhancing their capacities to accommodate the demand spike for cloud services, which is likely to have benefited SYNNEX’s data-center servers and storage solution businesses.What Our Model SaysOur proven model does not conclusively predict an earnings beat for SYNNEX this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), increases the chances of an earnings beat. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter. But that’s not the case here.SYNNEX has an Earnings ESP of 0.00% and a Zacks Rank of 3.Stocks With the Favorable CombinationHere are some companies, which, per our model, have the right combination of elements to post an earnings beat this quarter:Cintas Corporation CTAS has an Earnings ESP of +9.51% and currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.Citizens Financial Group, Inc. CFG has an Earnings ESP of +6.19% and holds a Zacks Rank of 2 currently.Synovus Financial Corp. SNV has an Earnings ESP of +1.47% and carries a Zacks Rank #2, at present.Breakout Biotech Stocks with Triple-Digit Profit PotentialThe biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS): Free Stock Analysis Report Synovus Financial Corp. (SNV): Free Stock Analysis Report SYNNEX Corporation (SNX): Free Stock Analysis Report Citizens Financial Group, Inc. (CFG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research