Benzinga | Aug 6, 2020 05:20PM EDT

Avnet Q4 EPS $0.64 May Not Compare To $0.04 Estimate, Sales $4.16B Beat $3.98B Estimate

Avnet (NASDAQ:AVT) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.04 by 1500 percent. This is a 32.63 percent decrease over earnings of $0.95 per share from the same periodAvnet (NASDAQ:AVT) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.04 by 1500 percent. This is a 32.63 percent decrease over earnings of $0.95 per share from the same period last year. The company reported quarterly sales of $4.16 billion which beat the analyst consensus estimate of $3.98 billion by 4.52 percent. This is a 11.13 percent decrease over sales of $4.68 billion the same period last year.