Avnet jumps as strong Q3 beat and raised Q4 outlook keep bid alive
AVT•Avnet shares rose about 3% as investors continued to digest fiscal Q3 2026 results that beat expectations and included higher Q4 guidance. The company reported $7.12B in Q3 revenue and $1.48 adjusted EPS, and guided Q4 sales to $7.30B–$7.60B with adjusted EPS of $1.70–$1.80. (fortune.com)
1. What’s moving AVT today
Avnet (AVT) is trading higher as the market continues to reprice the stock after the company delivered a solid fiscal third-quarter 2026 beat and paired it with an above-consensus fourth-quarter outlook. The move suggests investors are leaning into a narrative of improving operating leverage and broad-based demand strength following a period where electronics distribution trends have been closely watched for signs of cyclical recovery. ()
