Avnet Earnings Preview
Portfolio Pulse from Benzinga Insights
Avnet (NASDAQ:AVT) is set to release its latest quarterly earnings report on Wednesday, 2023-08-16. Analysts estimate an earnings per share (EPS) of $1.65. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. Avnet's shares were trading at $46.12 as of August 14, with a 52-week increase of 3.36%.
August 15, 2023 | 2:00 pm
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POSITIVE IMPACT
Avnet's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has generally led to an increase in share price.
Avnet's stock price has historically been positively impacted by the company beating EPS estimates. Given that analysts are predicting an EPS of $1.65 for the upcoming report, if the company beats this estimate, it could lead to an increase in the stock price. Additionally, the company's shares have seen a 52-week increase of 3.36%, indicating a generally positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100