Avnet (NASDAQ:AVT – Get Free Report) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.45-1.55 for the period, compared to the consensus estimate of $1.39. The company issued revenue guidance of $6.15-6.45 billion, compared to the consensus revenue estimate of $6.05 billion. Wall Street Analysts Forecast […]
By Brenda León Avnet posted higher fiscal fourth-quarter revenue, as increases in its Americas and Europe, Middle East, and Africa regions offset a decline.
Yousif Capital Management LLC trimmed its holdings in shares of Avnet, Inc. (NASDAQ:AVT – Free Report) by 3.5% in the first quarter, HoldingsChannel reports. The firm owned 53,076 shares of the company’s stock after selling 1,945 shares during the period. Yousif Capital Management LLC’s holdings in Avnet were worth $2,399,000 at the end of the […]
ARGA Investment Management LP cut its stake in shares of Avnet, Inc. (NASDAQ:AVT – Free Report) by 4.5% during the 1st quarter, Holdings Channel reports. The fund owned 583,642 shares of the company’s stock after selling 27,182 shares during the period. Avnet comprises approximately 1.0% of ARGA Investment Management LP’s investment portfolio, making the stock […]
Avnet (NASDAQ:AVT – Get Free Report) and Rexel (OTCMKTS:RXEEY – Get Free Report) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings. Insider and Institutional Ownership 94.3% of Avnet shares […]