Avnet Earnings Preview

Motley Fool Staff
Updated

Avnet (NYS: AVT) will try to beat its earnings estimates for the fifth consecutive quarter. The company will unveil its latest earnings Wednesday. Avnet, together with its consolidated subsidiaries, is an industrial distributor of electronic components, enterprise computer and storage products, and embedded subsystems.

What analysts say:

What our community says:
CAPS All-Stars are solidly behind the stock with 98.4% giving it an "outperform" rating. The community at large backs the All-Stars with 92.9% awarding it a rating of "outperform." Fools are gung-ho about Avnet, though the message boards have been quiet lately with only 83 posts in the past 30 days. Avnet has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.

Management:
Avnet's income has fallen year over year by an average of 79.5%.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross, operating, and net margins over the past four quarters.

Quarter

Q3

Q2

Q1

Q4

Gross Margin

11.8%

11.4%

11.7%

12.4%

Operating Margin

3.6%

3.4%

3.1%

4.2%

Net Margin

2.3%

2.1%

2.2%

2.7%

For all our Avnet-specific analysis, including earnings and beyond, add Avnet to My Watchlist.

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At the time thisarticle was published

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