Avnet (AVT) Lags Q2 Earnings Estimates

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 ...