Avnet NASDAQ: AVT reported record fourth-quarter fiscal 2026 sales and adjusted earnings, citing broad-based demand improvement across regions and end markets, higher component pricing and operating leverage. The company also issued first-quarter fiscal 2027 guidance calling for additional sales and earnings growth.
Avnet (AVT) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $0.81 per share a year ago.
While the top- and bottom-line numbers for Avnet (AVT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
AVT heads into Q4 earnings with AI, networking and industrial demand lifting growth, but investors are watching if margin pressures temper the upbeat outlook.
AVT is expanding operating margins despite gross margin pressure, with cost discipline and improving demand supporting earnings growth.
Arrow Electronics is one of the better ways to get a company with AI tailwinds at a value price today. Arrow's aggressive share buyback program has halved its share count since 2014, driving robust EPS growth even amid modest top-line expansion. Recent AI/data center demand has reignited sales momentum, with last quarter's 39.5% sales growth far outpacing analyst expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AVT's AI and data center exposure climb to 10-15% as strong Asia demand and infrastructure buildouts fuel growth across its business.
Avnet Inc. AVT shares have soared 81.5% in the year-to-date period, outperforming the Zacks Electronics - Parts Distribution industry's 63% growth.
PAGS, USNA, GM, NEXA and AVT stand out after passing low price-to-book value screens, highlighting five stocks that merit a closer look in July.
FMX, AVT, TLYS, RDDT and HG have been added to the Zacks Rank #1 (Strong Buy) List on June 30, 2026.
FMX, AVT and BBDC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 30, 2026.