Loading...
•
Mar 29, 2025
Avnet Q3 2025 Earnings Report
Reported third quarter 2025 financial results
Key Takeaways
Avnet reported third quarter fiscal year 2025 results with sales of $5.3 billion and diluted EPS of $1.01, exceeding expectations. Adjusted diluted EPS was $0.84. The company generated $141 million in cash flow from operations during the quarter and returned $129 million to shareholders through share repurchases and dividends.
Sales for the third quarter were $5.3 billion, down from $5.7 billion in the prior year quarter.
Diluted EPS was $1.01, an increase from $0.97 in the prior year quarter.
Adjusted diluted EPS was $0.84, compared to $1.10 in the prior year quarter.
Asia sales grew 13% year over year, marking the third consecutive quarter of growth in the region.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the fourth quarter of fiscal 2025, Avnet expects sales between $5.15 billion and $5.45 billion, with a midpoint of $5.30 billion. Adjusted diluted EPS is expected to be between $0.65 and $0.75, with a midpoint of $0.70.
Positive Outlook
- Guidance midpoint implies flat sequential sales.
- Guidance includes the benefit of favorable foreign currency exchange rates, primarily in EMEA.
- Assumes similar interest expense to the third quarter of fiscal 2025.
- Assumes an adjusted effective tax rate of between 21% and 25%.
- Assumes 86 million average diluted shares outstanding.
Challenges Ahead
- Guidance assumes lower sales in EMEA in constant currency.
- Guidance assumes relatively flat sales in the Americas in constant currency.
- Guidance assumes relatively flat sales in Asia in constant currency.
- Guidance excludes restructuring, integration and other expenses.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...