Avnet Reports Fiscal Q1 2027 Results, Issues Q2 Guidance
Avnet reported adjusted EPS of $3.63 and revenue of $10.72 billion, above FactSet consensus estimates of $2.88 and $9.22 billion, respectively. It forecast Q2 revenue of $11.10 billion to $11.40 billion and adjusted EPS of $3.90 to $4.10.
Avnet, Inc. announced its financial results for the first quarter of fiscal 2027 on November 4, 2026. The company reported adjusted earnings per share (EPS) of $3.63, surpassing the FactSet consensus estimate of $2.88. Quarterly revenue reached $10.72 billion, also exceeding the analyst estimate of $9.22 billion.
Additionally, the company provided forward-looking guidance, projecting second-quarter revenue in the range of $11.10 billion to $11.40 billion and adjusted EPS between $3.90 and $4.10.