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Here's What Key Metrics Tell Us About Avnet (AVT) Q1 Earnings
AVTAvnet(AVT) ZACKS·2024-10-30 14:35

Avnet (AVT) reported 5.6billioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof11.65.6 billion in revenue for the quarter ended September 2024, representing a year-overyear decline of 11.6%. EPS of 0.92 for the same period compares to 1.61ayearago.Thereportedrevenuerepresentsasurpriseof+3.681.61 a year ago. The reported revenue represents a surprise of +3.68% over the Zacks Consensus Estimate of 5.41 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +8.24%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...