Wed. 1 May 2024, 8:05am ET
Benzinga
Earnings, Earnings Misses, News
Avnet (NASDAQ:AVT) reported quarterly earnings of $1.10 per share which missed the analyst consensus estimate of $1.11 by 0.9 percent. This is a 45 percent decrease over earnings of $2.00 per share from the same period last year. The company reported quarterly sales of $5.65 billion which missed the analyst consensus estimate of $5.71 billion by 0.98 percent. This is a 13.22 percent decrease over sales of $6.51 billion the same period last year.