Workflow
Unlocking Avnet (AVT) International Revenues: Trends, Surprises, and Prospects
AVTAvnet(AVT) ZACKS·2025-02-10 15:21

Core Insights - Avnet's international revenue performance is crucial for assessing its financial resilience and growth prospects [1][2][3] Group 1: Revenue Performance - The total revenue for Avnet in the quarter was 5.66billion,reflectingan8.75.66 billion, reflecting an 8.7% decline year over year [4] - Asia contributed 2.71 billion, accounting for 47.88% of total revenue, surpassing the consensus estimate of 2.32billionby17.112.32 billion by 17.11% [5] - EMEA generated 1.58 billion, representing 27.95% of total revenue, which was below the expected 1.87billionby15.311.87 billion by 15.31% [6] Group 2: Future Revenue Forecasts - Analysts project total revenue of 5.38 billion for the current fiscal quarter, indicating a 4.9% decline from the previous year [7] - For the full year, total revenue is expected to be 22.17billion,adecreaseof6.722.17 billion, a decrease of 6.7% compared to last year, with Asia and EMEA projected to contribute 43.9% (9.73 billion) and 32.9% ($7.3 billion) respectively [8] Group 3: Market Dynamics - Avnet's reliance on international markets presents both opportunities and challenges, making it essential to monitor international revenue trends for future projections [9] - The complexities of global interdependence and geopolitical issues are critical factors influencing earnings forecasts for companies with international operations [10]