Avnet Reports Third Quarter Fiscal 2019 Financial Results
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Avnet (AVT) Tops Q3 EPS by 1c, Revenues Miss; Affirms Q4 EPS/Revenue Mid-Point Guidance Below Consensus
April 25, 2019 4:12 PM EDTAvnet (NASDAQ: AVT) reported Q3 EPS of $1.09, $0.01 better than the analyst estimate of $1.08. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.75 billion.
Delivered sales of $4.70 billion, in line with guidanceIn constant currency, sales rose 1.2% compared to the year ago periodGAAP diluted EPS from continuing operations totaled $0.87Adjusted diluted... More