Avnet Reports First Quarter Fiscal 2018 Results

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Avnet (AVT) Tops Q1 EPS by 5c, Offers Q2 and FY Guidance

October 26, 2017 7:11 AM EDT

Avnet (NYSE: AVT) reported Q1 EPS of $0.76, $0.05 better than the analyst estimate of $0.71. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.34 billion.

GUIDANCE:

Avnet sees Q2 2018 EPS of $0.67-$0.77, versus the consensus of $0.73. Avnet sees Q2... More