Avnet forecasts Q2 adjusted diluted EPS of $3.90-$4.10
AVT•Avnet forecasts fiscal second-quarter 2027 sales of $11.1 billion-$11.4 billion and adjusted diluted earnings of $3.90-$4.10 per share. First-quarter revenue was $10.72 billion and adjusted diluted earnings were $3.63 per share.
1. Second-quarter outlook
Avnet forecasts fiscal second-quarter 2027 sales of $11.1 billion-$11.4 billion for the period ending January 2, 2027, and adjusted diluted earnings of $3.90-$4.10 per share, compared with GAAP diluted earnings guidance of $3.80-$4.05. The sales midpoint implies 5% sequential growth, or 12% excluding the prior quarter’s extra week; the outlook assumes similar market conditions and electronic component supply, and an adjusted effective tax rate of 21%-25%.
2. First-quarter results
Fiscal first-quarter 2027 revenue was $10.72 billion, and adjusted diluted earnings totaled $3.63 per share.
