Avnet (AVT) Tops Q2 Earnings and Revenue Estimates

Avnet (AVT) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.53%. A quarter ago, it was expected that this distributor of electronic components would post earnings of $0.81 per share when it actually produced earnings of $0.84, delivering a surprise of +3.7%.Over the last four quar ...