Avnet (NASDAQ:AVT) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Avnet (NASDAQ:AVT) released its quarterly earnings data on Wednesday. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.01), Zacks reports. Avnet had a net margin of 1.51% and a return on equity of 8.46%. Avnet updated its Q3 2025 guidance to 0.650-0.750 EPS.

Avnet Trading Up 1.5 %

Shares of NASDAQ AVT opened at $53.24 on Thursday. Avnet has a 1-year low of $43.62 and a 1-year high of $59.24. The business has a fifty day moving average price of $53.45 and a 200 day moving average price of $53.47. The stock has a market capitalization of $4.63 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 1.01 and a beta of 1.14. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.25 and a quick ratio of 1.07.

Avnet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.48%. Avnet’s dividend payout ratio is presently 34.56%.

About Avnet

Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.