Avnet (NASDAQ:AVT) reported its Q1 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Avnet beat estimated earnings by 4.71%, reporting an EPS of $2.0 versus an estimate of $1.91.

Revenue was up $1.17 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 6.31% drop in the share price the next day.

Here's a look at Avnet's past performance:

To track all earnings releases for Avnet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.