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Stock impact report

Avnet (AVT) Up 5.4% Since Last Earnings Report: Can It Continue? [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
It has been about a month since the last earnings report for Avnet (AVT). Shares have added about 5.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Avnet due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Avnet, Inc. before we dive into how investors and analysts have reacted as of late. Avnet's Q2 Earnings and Revenues Beat Estimates Avnet reported better-than-expected results for the second quarter of fiscal 2026. The company's second-quarter adjusted earnings of $1.05 per share surpassed the Zacks Consensus Estimate by 10.53%. Moreover, the bottom line surged 20.7% on a year-over-year basis. Net sales increased 11.6% year over year to $6.32 billion and outpaced the consensus mark by 5.28%. The year-over-year growth was primarily driven by strong sales across the company's operating segment Show less Read more
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