BofA analyst Ruplu Bhattacharya downgraded Avnet (AVT) to Underperform from Neutral with a $48 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking ...

As previously reported, BofA downgraded Avnet (AVT) to Underperform from Neutral with a price target of $48, down from $58. The firm sees the demand environment being weak for the next few ...

For the current quarter ending in March, Avnet expects its per-share earnings to range from 65 cents to 75 cents. The company said it expects revenue in the range of $5.05 billion to $5.35 billion for ...

Avnet Inc (NASDAQ:AVT) achieved sales of $5.7 billion and adjusted EPS of $0.87, both above the midpoint of their guidance. The company generated over $300 million of cash flow from operations in ...

Welcome to the Avnet Second Quarter Fiscal Year 2025 Earnings Call. I would now like to turn the floor over to Joe Burke, Vice President Treasury and Investor Relations for Avnet. Thank you ...

Avnet Inc.’s sales dropped in the company’s second fiscal quarter as the Phoenix-based electronics component distributor continued to navigate challenging market conditions. Avnet Inc.’s ...

Avnet missed estimated earnings by -1.0%, reporting an EPS of $0.87 versus an estimate of $0.88. Revenue was down $542.00 million from the same period last year. The company beat on EPS by $0.06 ...

There is evidence of industry recovery and strong performance in Asia is a very positive sign. Weakness in the Americas and EMEA, coupled with uncertain timing of demand recovery, justifies ...

(RTTNews) - Technology solutions provider Avnet, Inc. (AVT) reported Wednesday that net income for the second quarter declined to $87.25 million or $0.99 per share from $117.93 million or $1.28 ...

Avnet AVT shares were trading 9.8% lower in the pre-market trade today as it delivered lower-than-expected second-quarter fiscal 2025 bottom-line results with non-GAAP earnings of 87 cents per share.

For the first time in almost 20 years, Walmart has a new logo. The international retailer describes it as a “a comprehensive brand refresh,” but the online world hasn’t been quite so kind to ...