Avnet sees Q1 EPS 75c-85c, consensus 89c

Sees Q1 revenue $5.55B-$5.85B, consensus $5.57B. The company said, “The above guidance also excludes restructuring, integration and other expenses, foreign currency gains and losses, and certain income tax adjustments. The above guidance assumes similar interest expense to the fourth quarter of fiscal 2025 and an adjusted effective tax rate of between 22% and 26%. The above guidance assumes 85 million average diluted shares outstanding and average currency exchange rates.”