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AVT / Avnet's stock jumps as results and forecast beat estimates

Shares of Avnet Inc. AVT rose 5.2% after hours on Wednesday after the electronic-components supplier reported fourth-quarter results and gave a fourth-quarter forecast that topped Wall Street's expectations. The company reported net income of $155.3 million, or $1.68 a share, compared with $246.8 million, or $2.51 a share, in the same quarter last year. Read More

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Posted: Aug 16 2023, 16:27

Author Name: Market Watch

AVT News

By Zacks Investment Research
November 2, 2023

Avnet's (AVT) Q1 Earnings and Revenues Surpass Estimates

Avnet's (AVT) top-line performance in the first quarter is affected by higher inventory levels for certain components. Increased interest expenses hur

By Zacks Investment Research
September 15, 2023

Why Is Avnet (AVT) Down 0.5% Since Last Earnings Report?

Avnet (AVT) reported earnings 30 days ago. What's next for the stock?

By Zacks Investment Research
September 13, 2023

5 Broker-Friendly Stocks to Watch as Uncertainty Prevails

We believe that stocks like CVR Energy (CVI), Delek US Holdings (DK), Bread Financial (BFH), Dish Network (DISH) and Avnet (AVT) should be on an inves

By Market Watch
August 29, 2023

Avnet raises dividend by 7%

Electronics distributor Avnet Inc. AVT, +1.19% said late Tuesday that its board has approved a 7% increase in the company's dividend to 31 cents a sha

By Zacks Investment Research
August 28, 2023

5 Broker-Favored Stocks to Watch as Market Volatility Returns

We believe that stocks like CVR Energy (CVI), Fluor (FLR), Delek US Holdings (DK), Bread Financial (BFH) and Avnet (AVT) should be on an investor's wa

By Zacks Investment Research
August 17, 2023

Avnet (AVT) Gains 7% on Q4 Earnings Beat, Strong Q1 Guidance

While better sales executions aid Avnet's (AVT) Q4 top line, higher interest expenses weigh on the bottom line.

By Proactive Investors
August 17, 2023

Avnet set to rally on 4Q earnings beat

Avnet (NYSE:AVT) has reported fourth-quarter revenue and earnings that beat expectations, sending its shares higher in Thursday pre-market trade. Th

By Seeking Alpha
August 16, 2023

Avnet, Inc. (AVT) Q4 2023 Earnings Call Transcript

Avnet, Inc. (NASDAQ:AVT ) Q4 2023 Earnings Call Transcript August 16, 2023 4:30 PM ET Company Participants Joe Burke - VP, Treasury and IR Phil Gallag

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