Avnet is trading 6.0% up at $88.27. This follows the company's better-than-expected Q3 Fiscal Year 2026 financial results, which were originally reported on April 28, 2026, or April 29, 2026.
- Non-GAAP EPS of $1.48 came in approximately 11.28% above analyst estimates, on revenue of $7.12 billion, signaling resilient demand and improving fundamentals.
- The upward move is further supported by a positive market backdrop, with major U.S. indices trending higher and reinforcing risk appetite in tech and distribution names.