Avnet (AVT) Q4 Earnings and Revenues Beat Estimates

Avnet (AVT) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $2.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.42%. A quarter ago, it was expected that this distributor of electronic components would post earnings of $1.11 per share when it actually produced earnings of $1.10, delivering a surprise of -0.90%.Over the last four quar ...