Avnet (NASDAQ:AVT) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.71 by 18.31 percent. This is a 23.64 percent decrease over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $5.32 billion which beat the analyst consensus estimate of $5.25 billion by 1.20 percent. This is a 6.00 percent decrease over sales of $5.65 billion the same period last year.