Avnet (AVT) Earnings Date, Estimates & Call Transcripts

$49.32
+0.68 (+1.40%)
(As of 12:11 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 21Estimated
Actual EPS
(May. 1)
$1.10 Missed By -$0.01
Consensus EPS
(May. 1)
$1.11
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AVT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

AVT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Avnet Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.03$1.46$1.25$1.45 - $1.55
Q2 20242$1.01$1.29$1.15 
Q3 20241$1.13$1.13$1.131.050 - 1.150
Q4 20241$1.09$1.09$1.090.900 - 1.000
FY 20246$4.26$4.97$4.62 
Q1 20251$1.20$1.20$1.20 
Q2 20251$1.25$1.25$1.25 
Q3 20251$1.46$1.46$1.46 
Q4 20251$1.53$1.53$1.53 
FY 20254$5.44$5.44$5.44 
Q1 20261$1.42$1.42$1.42 
Q2 20261$1.47$1.47$1.47 

AVT Earnings Date and Information

Avnet last issued its earnings data on May 1st, 2024. The reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by $0.01. The company earned $5.65 billion during the quarter, compared to analysts' expectations of $5.71 billion. Its revenue was down 13.2% compared to the same quarter last year. Avnet has generated $6.18 earnings per share over the last year ($6.18 diluted earnings per share) and currently has a price-to-earnings ratio of 7.9. Earnings for Avnet are expected to grow by 16.00% in the coming year, from $5.25 to $6.09 per share. Avnet has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 21st, 2024 based off prior year's report dates.

Avnet Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/21/2024
Estimated)
------- 
5/1/2024Q3 2024$1.11$1.10($0.01)$1.23$5.71 billion$5.65 billion    
1/31/2024Q2 2024$1.39$1.40+$0.01$1.52$6.15 billion$6.20 billion    
11/1/2023Q1 2024$1.50$1.61+$0.11$0.97$6.35 billion$6.30 billion    
8/16/2023Q2 2023$1.65$2.06+$0.41$2.44$6.27 billion$6.55 billion    
5/3/2023Q3 2023$1.78$2.00+$0.22$1.97$6.31 billion$6.50 billion    
2/1/2023Q2 2023$1.83$2.00+$0.17$1.37$6.53 billion$6.72 billion    
10/26/2022Q1 2023$1.91$2.00+$0.09$2.07$6.35 billion$6.75 billion
10/26/2022Q1 2023$1.91$2.00+$0.09$2.07$6.36 billion$6.75 billion    
8/10/2022Q4 2022$1.96$2.07+$0.11$1.63$6.20 billion$6.37 billion
8/10/2022Q4 2022$1.96$2.07+$0.11$1.63$6.29 billion$6.37 billion    
4/27/2022Q3 2022$1.51$2.15+$0.64$2.46$5.62 billion$6.49 billion
4/27/2022Q3 2022$1.51$2.15+$0.64$2.46$5.62 billion$6.49 billion
4/27/2022Q3 2022$1.51$2.15+$0.64$2.46$5.71 billion$6.49 billion    
1/26/2022Q2 2022$1.25$1.51+$0.26$1.52$5.52 billion$5.87 billion
1/26/2022Q2 2022$1.25$1.51+$0.26$1.52$5.52 billion$5.87 billion
1/26/2022Q2 2022$1.25$1.51+$0.26$1.52$5.52 billion$5.87 billion    
10/28/2021Q1 2022$1.08$1.22+$0.14$1.34$5.23 billion$5.58 billion
10/28/2021Q1 2022$1.08$1.22+$0.14$1.34$5.23 billion$5.58 billion
10/27/2021Q3 2021$1.08$1.22+$0.14$1.34$5.29 billion$5.58 billion    
8/11/2021Q4 2021$1.03$1.12+$0.09$1.39$5.20 billion$5.23 billion
8/11/2021Q4 2021$1.03$1.12+$0.09$1.39$5.20 billion$5.23 billion
8/10/2021Q2 2021$0.85$1.12+$0.27$1.39$5.20 billion$5.23 billion    

Avnet Earnings - Frequently Asked Questions

When is Avnet's earnings date?

Avnet has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 21st, 2024 based off last year's report dates. Learn more on AVT's earnings history.

Did Avnet beat their earnings estimates last quarter?

In the previous quarter, Avnet (NASDAQ:AVT) missed the analysts' consensus estimate of $1.11 by $0.01 with a reported earnings per share (EPS) of $1.10. Learn more on analysts' earnings estimate vs. AVT's actual earnings.

How can I listen to Avnet's earnings conference call?

The conference call for Avnet's latest earnings report can be listened to online. Listen to Conference Call

How can I read Avnet's conference call transcript?

The conference call transcript for Avnet's latest earnings report can be read online. Read Transcript

How much revenue does Avnet generate each year?

Avnet (NASDAQ:AVT) has a recorded annual revenue of $26.54 billion.

How much profit does Avnet generate each year?

Avnet (NASDAQ:AVT) has a recorded net income of $770.83 million. AVT has generated $6.18 earnings per share over the last four quarters.

What is Avnet's price-to-earnings ratio?

Avnet (NASDAQ:AVT) has a trailing price-to-earnings ratio of 7.91 and a forward price-to-earnings ratio of 9.31. The price/earnings-to-growth ratio is 0.64.

What is Avnet's EPS forecast for next year?

Avnet's earnings are expected to grow from $5.25 per share to $6.09 per share in the next year, which is a 16.00% increase.


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This page (NASDAQ:AVT) was last updated on 5/3/2024 by MarketBeat.com Staff

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