Avnet Q4 sales beat expectations, adjusted EPS rises
Overview
Avnet Q4 sales of $5.6 bln, beating analyst expectations, per LSEG data
Adjusted EPS of $0.81 beats analyst expectations, per LSEG data
Farnell returns to yr/yr sales and operating income margin growth
Outlook
Avnet expects Q1 fiscal 2026 sales of $5.55 bln to $5.85 bln
Company projects Q1 fiscal 2026 adjusted EPS of $0.75 to $0.85
Guidance implies 2% sequential sales growth at midpoint
Avnet anticipates sales growth across all regions in Q1 fiscal 2026
Result Drivers
ASIA GROWTH - Fourth consecutive quarter of yr/yr sales growth in Asia region
FARNELL RECOVERY - Farnell returns to yr/yr sales and operating income margin growth
COST MANAGEMENT - Effective cost management and working capital optimization enhanced operating cash flow
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $5.62 bln | $5.38 bln (5 Analysts) |
Q4 Adjusted EPS | Beat | $0.81 | $0.75 (5 Analysts) |
Q4 EPS | $0.07 | ||
Q4 Net Income | $6.09 mln | ||
Q4 Gross Profit | $593.68 mln | ||
Q4 Operating Income | $73.50 mln | ||
Q4 Pretax Profit | $7.40 mln |
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