DOW JONES27,081.36-879.44 -3.15%
S&P 5003,128.21-97.68 -3.03%
NASDAQ8,965.61-255.67 -2.77%

Avnet Q2 Adj. EPS $0.4 Misses $0.41 Estimate, Sales $4.535B Beat $4.42B Estimate

Avnet (NYSE:AVT) reported quarterly earnings of $0.4 per share which missed the analyst consensus estimate of $0.41 by 2.44 percent. This is a 61.54 percent decrease over earnings of $1.04 per share from the same period

Benzinga · 01/23/2020 21:07

Avnet (NYSE:AVT) reported quarterly earnings of $0.4 per share which missed the analyst consensus estimate of $0.41 by 2.44 percent. This is a 61.54 percent decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $4.535 billion which beat the analyst consensus estimate of $4.42 billion by 2.60 percent. This is a 10.18 percent decrease over sales of $5.049 billion the same period last year.