Avnet Inc AVT.OQ AVT.O is expected to show a fall in quarterly revenue when it reports results on April 30 for the period ending March 31 2025
The Phoenix Arizona-based company is expected to report a 7.1% decrease in revenue to $5.252 billion from $5.65 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on January 29 2025, for the period ended March 31, was for revenue between $5.05 billion and $5.35 billion.
LSEG's mean analyst estimate for Avnet Inc is for earnings of 71 cents per share. The company's EPS guidance on January 29 2025, for the period ended March 31, was between $0.65 and $0.75
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Avnet Inc is $50.00, below its last closing price of $51.94.
The company's guidance on August 8 2024 for the period ended March 31 was for Capital Expenditures between USD25 million and USD35 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.89 | 0.89 | 0.87 | Missed | -2.2 |
Sep. 30 2024 | 0.86 | 0.86 | 0.92 | Beat | 7.2 |
Jun. 30 2024 | 0.95 | 0.95 | 1.22 | Beat | 28.8 |
Mar. 31 2024 | 1.11 | 1.11 | 1.10 | Missed | -0.9 |
Dec. 31 2023 | 1.40 | 1.40 | 1.40 | Met | 0.1 |
Sep. 30 2023 | 1.53 | 1.52 | 1.61 | Beat | 5.7 |
Jun. 30 2023 | 1.65 | 1.65 | 2.06 | Beat | 24.8 |
Mar. 31 2023 | 1.79 | 1.79 | 2.00 | Beat | 11.7 |
This summary was machine generated April 28 at 13:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)