Avnet Shares Dip After Q3 Earnings Miss On Lower Electronic Components Margin
Avnet Shares Dip After Q3 Earnings Miss On Lower Electronic Components Margin
Avnet, Inc. (NASDAQ:AVT) shares traded lower Wednesday after the company reported third-quarter results.
安富利公司（纳斯达克股票代码：AVT）周三股价下跌，此前该公司公布了第三季度业绩。
The company reported adjusted earnings per share of $1.10, missing the street view of $1.11.
该公司报告调整后的每股收益为1.10美元，未达到1.11美元的街景。
Avnet reported quarterly sales of $5.654 billion, missing the analyst consensus of $5.707 billion.
安富利公布的季度销售额为56.54亿美元，未达到分析师共识的57.07亿美元。
"In the third quarter, we delivered results that were in line with our expectations, amidst economic softness and lower demand in the markets we serve," said Avnet Chief Executive Officer Phil Gallagher.
安富利首席执行官菲尔·加拉格尔表示：“在经济疲软和我们所服务的市场需求下降的情况下，我们在第三季度取得了符合我们预期的业绩。”
Avnet reported a quarterly operating income margin of 3.4%, compared with 4.8% in the prior year quarter.
安富利公布的季度营业收入利润率为3.4％，而去年同期为4.8％。
Electronic Components operating margin of 4.1% fell 91 bps year over year. Electronic Components (EC) sales in the quarter slumped by 13.4% year over year, while Farnell sales fell 10.4%.
电子元器件营业利润率为4.1％，同比下降91个基点。本季度电子元器件（EC）的销售额同比下降了13.4％，而Farnell的销售额下降了10.4％。
In the third quarter, Americas sales fell 18.2% year over year, EMEA sales fell 14.2%, while Asia sales decreased 8.7%.
在第三季度，美洲的销售额同比下降18.2％，欧洲、中东和非洲的销售额下降了14.2％，而亚洲的销售额下降了8.7％。
Avnet generated $415.7 million in cash flow from operations during nine months and returned $28 million in dividends to shareholders during the quarter.
安富利在九个月内创造了4.157亿美元的运营现金流，并在本季度向股东返还了2,800万美元的股息。
"I am proud of our team's effort to deliver robust cash flow from operations as the benefits from our countercyclical balance sheet started to take effect this quarter," Gallagher added.
加拉格尔补充说：“随着我们的反周期资产负债表的好处在本季度开始生效，我们的团队努力提供强劲的运营现金流，我为之感到自豪。”
Outlook: Avnet expects fourth-quarter sales of $5.20 billion-$5.50 billion versus the estimate of $5.74 billion. The company projects fourth-quarter EPS of $0.90-$1.00.
展望：安富利预计第四季度销售额为52.0亿美元至55.0亿美元，而估计为57.4亿美元。该公司预计第四季度每股收益为0.90美元至1.00美元。
Price Action: AVT shares are trading lower by 2.74% to $47.53 at last check Wednesday.
价格走势：在周三的最后一次检查中，AVT股价下跌2.74％，至47.53美元。