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Avnet Q4 Adj $1.22 Beats $0.95 Estimate, Sales $5.56B Beat $5.37B Estimate

Author: Benzinga Newsdesk | August 08, 2024 08:02am
Avnet (NASDAQ:AVT) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.95 by 28.42 percent. This is a 40.78 percent decrease over earnings of $2.06 per share from the same period last year. The company reported quarterly sales of $5.56 billion which beat the analyst consensus estimate of $5.37 billion by 3.59 percent. This is a 15.13 percent decrease over sales of $6.55 billion the same period last year.

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