Avnet Q1 2025 Adj. EPS $0.92 Beats $0.86 Estimate, Sales $5.604B Beat $5.431B Estimate
Portfolio Pulse from Benzinga Newsdesk
Avnet (NASDAQ:AVT) reported Q1 2025 earnings per share of $0.92, surpassing the analyst estimate of $0.86. The company's sales were $5.604 billion, exceeding the expected $5.431 billion, but down from $6.336 billion the previous year.
October 30, 2024 | 12:03 pm
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Avnet's Q1 2025 earnings per share of $0.92 beat expectations, and sales of $5.604 billion also surpassed estimates. However, sales decreased from $6.336 billion last year.
Avnet's earnings and sales both exceeded analyst expectations, which is typically positive for stock performance. However, the year-over-year sales decline may temper investor enthusiasm.
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