Benzinga | Jan 26, 2022 04:37PM EST

Avnet Q2 EPS $1.51 Beats $1.27 Estimate, Sales $5.90B Beat $5.59B Estimate

Avnet (NASDAQ:AVT) reported quarterly earnings of $1.51 per share which beat the analyst consensus estimate of $1.27 by 18.9 percent. This is a 214.58 percent increase over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $5.90 billion which beat the analyst consensus estimate of $5.59 billion by 5.55 percent. This is a 26.39 percent increase over sales of $4.67 billion the same period last year.