Avnet (AVT) Lags Q2 Earnings Estimates
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Avnet (AVT) reported Q2 earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.88. This is a decrease from $1.40 per share a year ago.
January 29, 2025 | 3:30 pm
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Avnet reported Q2 earnings of $0.87 per share, slightly below the expected $0.88, and significantly lower than last year's $1.40 per share.
Avnet's earnings per share fell short of expectations and showed a significant year-over-year decline, which is likely to negatively impact investor sentiment and put short-term pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100