Avnet, Inc. Reports Fiscal 2027 First Quarter Financial Results

Avnet reported fiscal 2027 first-quarter revenue of $10.72 billion and adjusted EPS of $3.63, exceeding FactSet estimates of $9.22 billion and $2.88, respectively. For the second quarter, the company forecast revenue of $11.10 billion to $11.40 billion and adjusted EPS of $3.90 to $4.10.