Benzinga | Apr 28, 2021 04:37PM EDT

Avnet Q3 EPS $0.74 Beats $0.56 Estimate, Sales $4.90B Beat $4.59B Estimate

Avnet (NASDAQ:AVT) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.56 by 32.14 percent. This is a 94.74 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $4.90 billion which beat the analyst consensus estimate of $4.59 billion by 6.75 percent. This is a 13.69 percent increase over sales of $4.31 billion the same period last year.