Avnet (AVT) reported earnings 30 days ago. What's next for the stock?
Explore Avnet's (AVT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
AVT's third-quarter fiscal 2025 results reflect the company's declining sales and shrinking margins.
Avnet, Inc. (NASDAQ:AVT ) Q3 2025 Earnings Call April 30, 2025 12:00 PM ET Company Participants Joe Burke - Vice President, Investor Relations Phil Gallagher - Chief Executive Officer Ken Jacobson - Chief Financial Officer Conference Call Participants Joe Quatrochi - Wells Fargo William Stein - Truist Wamsi Mohan - Bank of America Operator Greetings and welcome to the Avnet Third Quarter Fiscal Year 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
The headline numbers for Avnet (AVT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Avnet (AVT) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.10 per share a year ago.
Avnet (AVT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Avnet (AVT) reported earnings 30 days ago. What's next for the stock?
Explore Avnet's (AVT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
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 maintaining a neutral rating for now. Current valuation at 11x forward PE is slightly above the 10-year average, and I don't expect a re-rating until tangible improvements are seen in the Americas and Europe.
AVT's second-quarter fiscal 2025 results highlight continued weakness in the Electronic Components and Farnell segments.
Avnet, Inc. (NASDAQ:AVT ) Q2 2025 Earnings Conference Call January 29, 2025 11:00 AM ET Company Participants Joseph Burke - Vice President, Treasurer & Investor Relations Philip Gallagher - Chief Executive Officer Ken Jacobson - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs William Stein - Truist Securities Joe Quatrochi - Wells Fargo Ruplu Bhattacharya - Bank of America Operator 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.