Avnet Reports First Quarter Fiscal 2021 Financial Results

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Avnet (AVT) Tops Q1 EPS by 18c, Offers Q2 Guidance

October 28, 2020 4:20 PM EDT

Avnet (NASDAQ: AVT) reported Q1 EPS of $0.36, $0.18 better than the analyst estimate of $0.18. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.06 billion.

GUIDANCE:

Avnet sees Q2 2021 EPS of $0.33-$0.43, versus the consensus of $0.34. Avnet sees... More