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Market Impact: 0.32

Avnet (AVT) Q3 Earnings and Revenues Beat Estimates

AVT
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Avnet reported quarterly EPS of $1.48, beating the Zacks Consensus Estimate of $1.33 by $0.15 per share and up from $0.84 a year ago. The result indicates improved profitability and a solid year-over-year earnings expansion. The headline is positive for the stock, though the article provides no revenue or guidance details.

Analysis

Avnet reported quarterly EPS of $1.48, beating the Zacks Consensus Estimate of $1.33 by $0.15 per share and up from $0.84 a year ago. The result indicates improved profitability and a solid year-over-year earnings expansion. The headline is positive for the stock, though the article provides no revenue or guidance details.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.34

Ticker Sentiment

AVT0.40