Benzinga | Oct 28, 2021 04:51PM EDT

Avnet Q1 EPS $1.22 Beats $1.08 Estimate, Sales $5.60B Beat $5.29B Estimate

Avnet (NASDAQ:AVT) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.08 by 12.96 percent. This is a 238.89 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $5.60 billion which beat the analyst consensus estimate of $5.29 billion by 5.86 percent. This is a 18.57 percent increase over sales of $4.72 billion the same period last year.