Earnings Preview For Avnet
Portfolio Pulse from Benzinga Insights
Avnet (NASDAQ:AVT) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $1.40. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Avnet's stock price has shown varied reactions to past earnings performances, with both increases and decreases following earnings releases. Avnet's stock has risen 1.91% over the last 52 weeks, trading at $47.6 as of January 29.

January 30, 2024 | 8:01 pm
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Avnet is expected to report an EPS of $1.40 in its upcoming earnings release, with investors anticipating positive results and guidance. The stock has seen mixed reactions to past earnings but has generally trended upwards over the last year.
While Avnet's upcoming earnings report and the anticipation of positive guidance could influence the stock price, the historical data shows that the market's reaction to Avnet's earnings can be unpredictable. The stock has experienced both increases and decreases in price following past earnings announcements, suggesting a neutral short-term impact. However, the overall positive trend over the last year may indicate underlying bullish sentiment among long-term investors.
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