Avnet, Inc. Reports Third Quarter Fiscal Year 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Citi Downgrades Avnet (AVT) to Sell
May 2, 2016 7:23 AM EDTCiti downgraded Avnet (NYSE: AVT) from Buy to Sell.
For an analyst ratings summary and ratings history on Avnet click here. For more ratings news on Avnet click here.
Shares of Avnet closed at $41.12 yesterday.
... MoreBrean Capital Downgrades Avnet (AVT) to Hold
April 29, 2016 7:34 AM EDTBrean Capital downgraded Avnet (NYSE: AVT) from Buy to Hold.
For an analyst ratings summary and ratings history on Avnet click here. For more ratings news on Avnet click here.
Shares of Avnet closed at $41.90 yesterday.
... MoreAvnet (AVT) Tops Q3 EPS by 2c
April 28, 2016 6:51 AM EDTAvnet (NYSE: AVT) reported Q3 EPS of $1.01, $0.02 better than the analyst estimate of $0.99. Revenue for the quarter came in at $6.17 billion versus the consensus estimate of $6.31 billion.
GUIDANCE:
Avnet sees Q4 2016 EPS of $0.95-$1.05, versus the consensus of $1.13. Avnet sees Q4 2016 revenue of $5.95-6.55 billion, versus the consensus of $6.55 billion.
Rick Hamada, Chief Executive Officer, commented, Our... More

