NasdaqGS:AVTElectronic
Avnet (AVT) Valuation: Weighing Revenue Growth Against Profit Pressures After Latest Quarterly Report
Avnet (AVT) shares caught investor attention after the company’s latest quarterly earnings showed revenue outpacing analyst forecasts, with strong performance in Asia and in Farnell. Despite this, profits slipped and guidance missed expectations.
See our latest analysis for Avnet.
After delivering better-than-expected revenue and completing another round of share buybacks, Avnet’s latest quarter hasn’t overcome sliding sentiment. Despite short-term optimism from strong Asian sales, the 1-year...