Avnet

Q3 FY2026 EarningsQ4 FY26 results significantly exceeded consensus expectations, driven by record sales of $8.3B vs. $7.5B expected and substantial margin expansion. Adjusted Diluted EPS of $2.28 beat the mean estimate of $1.77 by 28.8%. Strong momentum in the Electronic Components (EC) segment and record Farnell profitability supported an adjusted operating margin of 3.8% (up 129 bps YoY). Q1 FY27 revenue guidance midpoint of $9.15B and EPS guidance of $2.85 both sit well above prior market expectations, signaling continued acceleration in mass market activity.