Your email has been successfully added to our mailing list.

×
0.00051808102787273 0.00051808102787273 -0.0025904051393638 -0.00290125375608746 -0.0017614754947674 0.00404103201740753 0.000828929644596397 0.00134701067246913
Stock impact report

Avnet Stock Declines 8% Despite Q3 Earnings and Revenue Beat [Yahoo! Finance]

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Yahoo! Finance
Net sales were $5.32 billion, which surpassed the Zacks Consensus Estimate by 0.46%. The figure, however, decreased 6% from the year-ago quarter. The company experienced declining sales across all its segments, reflecting broader market pressure. The margins were also pressured due to margin contraction across both the Electronic Components and Farnell segments. Avnet shares lost 8.3% during Wednesday's trading session as investors were concerned about declining sales and shrinking margins. The stock has lost 2.2% in the past year compared with the Zacks Electronics - Parts Distribution industry's decline of 0.6%. Avnet, Inc. price-consensus-eps-surprise-chart | Avnet, Inc. Quote The Electronic Components segment's revenues were down 5.7% year over year and 6.9% sequentially to $4.95 billion. Our estimate for the Electronic Components segment's revenues was pegged at $4.96 billion. Farnell sales declined 10.1% year over year but were up 6.1% sequentially to $366.7 million. Show less Read more
Impact Snapshot
Event Time:
AVT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AVT alerts
Opt-in for
AVT alerts

from News Quantified
Opt-in for
AVT alerts

from News Quantified