Avnet, Inc. Reports Fourth Quarter and Fiscal Year 2015 Results

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Avnet (AVT) PT Bumped to $50 at Brean Capital Post Q4

August 6, 2015 8:20 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating and raised the price target on Avnet (NYSE: AVT) to $50.00 (from $49.00) following solid Q4 results.

Baruah commented, "AVT delivered very solid operating leverage and appears to be tracking ahead of its margin expansion... More

Avnet (AVT) Tops Q4 EPS by 8c, Offers Q1 Guidance

August 5, 2015 8:02 AM EDT

Avnet (NYSE: AVT) reported Q4 EPS of $1.16, $0.08 better than the analyst estimate of $1.08. Revenue for the quarter came in at $6.8 billion versus the consensus estimate of $6.9 billion.

Avnet sees Q1 2015 EPS of $0.97-$1.07, versus the consensus of $1.02. Avnet sees Q1 2015 revenue of $6.4-7.0... More