AVT Q1 FY2027 earnings: EPS beat by 26.0%, revenue beat by 16.2%
AVNET INC reported Q1 FY2027. EPS came in at $3.63 against a $2.88 consensus, beat by 26.0%. Revenue was $10.7B versus $9.2B expected, beat by 16.2%. Gross margin was 10.0%, down 40 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $3.63 | $2.88 | beat by 26.0% |
| Revenue | $10.7B | $9.2B | beat by 16.2% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $10.7B | +29.2% | +81.7% |
| Gross profit | $1.1B | +24.2% | +74.7% |
| Operating income | $474.7M | +49.5% | +215.8% |
| Net income | $282.2M | +122.9% | +445.3% |
| Diluted EPS | $3.28 | +120.1% | +437.7% |
| Gross margin: 10.0%. |
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The trend
Revenue is up 81.7% from the same quarter last year. Gross margin sits at 10.0%, 110 bps off its 8-quarter high.
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How it stacks up
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