Avnet (NASDAQ:AVT) reported quarterly earnings of $1.48 per share which beat the analyst consensus estimate of $1.32 by 12.12 percent. This is a 76.19 percent increase over earnings of $0.84 per share from the same period last year. The company reported quarterly sales of $7.120 billion which beat the analyst consensus estimate of $6.412 billion by 11.03 percent. This is a 33.96 percent increase over sales of $5.315 billion the same period last year.