Avnet AVT announces its next round of earnings this Thursday, August 06. Here is Benzinga's look at Avnet's Q4 earnings report.
Earnings and Revenue
Wall Street analysts see Avnet reporting earnings of $0.04 per share on revenue of $3.97 billion. In the same quarter last year, Avnet reported earnings per share of $0.950 on revenue of $4.68 billion. The analyst consensus estimate would represent a 95.79% decline in the company's EPS figure. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.41 | 0.65 | 1.01 |
| EPS Actual | 0.38 | 0.40 | 0.60 | 0.95 |
| Revenue Estimate | 4.06 B | 4.42 B | 4.55 B | 4.61 B |
| Revenue Actual | 4.31 B | 4.54 B | 4.63 B | 4.68 B |
Stock Performance
Over the last 52-week period, shares are down 33.49%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Avnet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://veracast.com/webcasts/avt/earnings/931007385.cfm
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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