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Avnet Q1 Earnings Beat Estimates, Stock Falls on Dim Q2 EPS Guidance
ZACKS· 2025-10-30 21:16
Key Takeaways Avnet posted Q1 EPS of 84 cents, topping estimates but down 8.7% year over year.Q1 sales rose 5.3% to $5.9 billion, driven by Electronic Components and Farnell segment gains.Shares fell 3.8% as Avnet's Q2 EPS outlook of 90 cents to $1 trailed analyst expectations.Avnet, Inc. (AVT) reported better-than-expected results for the first quarter of fiscal 2026. The company’s first-quarter earnings of 84 cents per share surpassed the Zacks Consensus Estimate by 3.7%. However, the bottom line declined ...