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Avnet (AVT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
AvnetAvnet(US:AVT) ZACKSยท2025-10-29 14:31

Core Insights - Avnet reported revenue of $5.9 billion for the quarter ended September 2025, reflecting a year-over-year increase of 5.3% and surpassing the Zacks Consensus Estimate of $5.7 billion by 3.46% [1] - The company's EPS was $0.84, down from $0.92 in the same quarter last year, but exceeded the consensus estimate of $0.81 by 3.7% [1] Revenue Performance - Sales from Farnell reached $398.9 million, exceeding the average estimate of $378.96 million by analysts, marking a year-over-year increase of 14.9% [4] - Sales from Electronic Components were $5.5 billion, surpassing the estimated $5.32 billion and showing a 4.6% increase compared to the previous year [4] Operating Income - Operating income for Electronic Components was reported at $159 million, below the average estimate of $173.03 million [4] - Farnell's operating income was $17.1 million, exceeding the estimated $15.09 million [4] - Corporate expenses showed a loss of $25.4 million, slightly better than the average estimate of $26.48 million [4] Stock Performance - Avnet's shares have returned -3.3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 3.8% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]