Avnet Reports Fourth Quarter and Fiscal 2019 Financial Results

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Avnet (AVT) Misses Q4 EPS by 6c, Revenue Beats Offers Guidance

August 8, 2019 4:12 PM EDT

Avnet (NASDAQ: AVT) reported Q4 EPS of $0.95, $0.06 worse than the analyst estimate of $1.01. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.61 billion.

GUIDANCE:

Avnet sees Q1 2020 EPS of $0.60-$0.70, versus the consensus of $0.97. Avnet sees Q1... More