Avnet (NASDAQ:AVT – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.650-0.750 for the period, compared to the consensus earnings per share estimate of 1.020. The company issued revenue guidance of $5.1 billion-$5.4 billion, compared to the consensus revenue estimate of $5.5 billion.
Avnet Stock Up 3.3 %
AVT traded up $1.72 during trading hours on Wednesday, reaching $54.15. 206,126 shares of the stock traded hands, compared to its average volume of 538,393. Avnet has a fifty-two week low of $43.62 and a fifty-two week high of $59.24. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.25 and a quick ratio of 1.07. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.01 and a beta of 1.14. The firm’s fifty day simple moving average is $53.45 and its two-hundred day simple moving average is $53.48.
Avnet (NASDAQ:AVT – Get Free Report) last announced its earnings results on Wednesday, January 29th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). Avnet had a return on equity of 8.46% and a net margin of 1.51%. As a group, analysts forecast that Avnet will post 4.1 earnings per share for the current fiscal year.
Avnet Announces Dividend
About Avnet
Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.
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