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LSV Asset Management Sells 77,550 Shares of Avnet, Inc. (NASDAQ:AVT)

LSV Asset Management lowered its stake in shares of Avnet, Inc. (NASDAQ:AVT – Free Report) by 2.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,999,918 shares of the company’s stock after selling 77,550 shares during the period. LSV Asset Management’s holdings in Avnet were worth $151,196,000 as of its most recent filing […] ....

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Avnet (NASDAQ:AVT) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Avnet (NASDAQ:AVT – Get Free Report) announced its earnings results on Wednesday. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01), Briefing.com reports. The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.71 billion. Avnet had a return on […] ....

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Avnet (NASDAQ:AVT) PT Lowered to $48.00

Avnet (NASDAQ:AVT – Get Free Report) had its target price lowered by stock analysts at Truist Financial from $49.00 to $48.00 in a report released on Thursday, Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential downside of 2.85% from the stock’s current price. Separately, […] ....

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Avnet (NASDAQ:AVT) Releases Q4 Earnings Guidance

Avnet (NASDAQ:AVT – Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.90-1.00 for the period, compared to the consensus estimate of $1.12. The company issued revenue guidance of $5.20-5.50 billion, compared to the consensus revenue estimate of $5.74 billion. […] ....

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Avnet (NASDAQ:AVT) Issues Quarterly Earnings Results

Avnet (NASDAQ:AVT – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.01), Briefing.com reports. Avnet had a return on equity of 11.64% and a net margin of 2.31%. The firm had revenue of $5.65 billion […] ....

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