Post-earnings recap
Reported
Wed, Aug 8, 2018
Est. EPS
—
Est. revenue
—
Implied move
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EPS beat rate
88%
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Est. EPS
—
Est. Rev
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Impl. Move
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Avnet's earnings report showed a slight miss on EPS, which may raise concerns among investors about profitability. However, the stock still reacted positively, increasing by 0.75%. This could indicate that investors are optimistic about future performance despite the EPS miss.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.99 | N/A | -1.69% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based solely on numerical results.