StocksMediumUpdated•Originally published 4 November 2026•Updated 4 November 2026•
1 min read
Avnet Beats Q1 2027 Earnings and Revenue Estimates
Key Facts
1Avnet reported adjusted earnings per share of $3.63, exceeding analyst expectations.
2The company's revenue for the first quarter of fiscal 2027 reached $10.72 billion.
Avnet reported adjusted earnings per share of $3.63 for the first quarter of fiscal 2027, exceeding analyst expectations. Benzinga reported that the company's revenue reached $10.72 billion during the period, driven by stronger-than-expected operational performance.
AVT closed at $88.73 on November 3, 2026, prior to the release of these results. The stock traded between a low of $86.75 and a high of $90.1 during that session.
Latest Updates · 1
- Notable·
Update: Avnet issued its financial outlook for the second quarter of fiscal 2027 following its first-quarter earnings beat. The company provided this forward-looking guidance to outline its expected financial performance for the upcoming period.