It has been about a month since the last earnings report for Avnet (AVT) . Shares have lost about 1.7% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Avnet due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Avnet's Q2 Earnings Miss Estimates, Revenues SurpassAvnet rep ...

Have you looked into how Avnet (AVT) performed internationally during the quarter ending December 2024? Considering the widespread global presence of this distributor of electronic components, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now p ...

My previous investment thought on Avnet (NASDAQ: AVT ) (published on 1st July 2024) was a hold rating because I was not sure when the business would emerge from the downcycle (I believed it would take aI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 28, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File #1-4224 AVNET, INC. (State or other jurisdiction (IRS Employer of incorporation or organization) Identification No.) 221 ...

Avnet (AVT) shares were trading 9.8% lower in the pre-market trade today as it delivered lower-than-expected second-quarter fiscal 2025 bottom-line results with non-GAAP earnings of 87 cents per share. Despite quarterly earnings complying with management’s guidance of 80-90 cents per share, it missed the Zacks Consensus Estimate by 1.14%. The bottom line declined 38% year over year, demonstrating a weaker operating margin compared to the previous year.Find the latest EPS estimates and surprises on Zacks Ear ...

Avnet, Inc. (NASDAQ:AVT) Q2 2025 Earnings Conference Call January 29, 2025 11:00 AM ET Company Participants Joseph Burke - Vice President, Treasurer & Investor Relations Philip Gallagher - Chief Executive Officer Ken Jacobson - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs William Stein - Truist Securities Joe Quatrochi - Wells Fargo Ruplu Bhattacharya - Bank of America Operator Welcome to the Avnet Second Quarter Fiscal Year 2025 Earnings Call. I would now like to turn t ...

Avnet Second Quarter Fiscal Year 2025 Financial Results January 29, 2025 Safe Harbor Statement This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the financial condition, results of operations, and business of the Company. You can find many of these statements by looking for words like "believes," "projected", "plans," "expects," "anticipates," "shou ...

Avnet (AVT) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.14%. A quarter ago, it was expected that this distributor of electronic components would post earnings of $0.85 per share when it actually produced earnings of $0.92, delivering a surprise of 8.24%.Over the last four quart ...

Exhibit 99.1 Fiscal Second Quarter Key Financial Highlights: ● Sales of $5.7 billion, compared with $6.2 billion in the prior year quarter. o Second consecutive quarter of year over year sales growth in Asia. ● Diluted earnings per share of $0.99, compared with $1.28 in the prior year quarter. o Adjusted diluted earnings per share of $0.87, compared with $1.40 in the prior year quarter. ● Operating income margin of 2.7%, compared with 3.8% in the prior year quarter. o Adjusted operating income margin of 2.8 ...

It has been about a month since the last earnings report for Avnet (AVT) . Shares have added about 0% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Avnet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Avnet's Q1 Earnings and Revenues Beat EstimatesAvnet (AVT) ...