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Avnet Q3 Adj $1.10 Misses $1.11 Estimate, Sales $5.65B Miss $5.71B Estimate

Author: Benzinga Newsdesk | May 01, 2024 08:05am

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.

Posted In: AVT