Avnet Stock Rallies 14% as Q2 Earnings and Revenues Beat Estimates

Key Takeaways Avnet posted Q2 EPS of $1.05, topping estimates by 10.53% and increasing 20.7% year over year.Q2 sales rose 11.6% to$ 6.32 billion, driven by Electronic Components and Farnell segment gains.Shares surged 13.8% as Avnet's Q3 revenue and EPS guidance surpassed analyst expectations.Avnet, Inc. (AVT) shares jumped 13.8% on Wednesday after the company reported better-than-expected second-quarter fiscal 2026 results. The company’s second-quarter adjusted earnings of $1.05 per share surpassed the Zac ...