Stock market today: S&P 500 extends monthly win streak despite Nvidia-led stumble
Investing.com - Avnet (NASDAQ: AVT) reported third quarter EPS of $2.00, $0.20 better than the analyst estimate of $1.80. Revenue for the quarter came in at $6.51B versus the consensus estimate of $6.32B.
Guidance
Avnet sees Q4 2023 EPS of $1.60-$1.70 versus the analyst consensus of $1.40.
Avnet sees Q4 2023 revenue of $6.10B-$6.40B versus the analyst consensus of $5.92B.
Avnet's stock price closed at $40.74. It is down -12.95% in the last 3 months and down -12.93% in the last 12 months.
Avnet saw 5 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Avnet's stock price’s past reactions to earnings here.
According to InvestingPro, Avnet's Financial Health score is "good performance".
Check out Avnet's recent earnings performance, and Avnet's financials here.
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