Earnings Preview: AVX

Published on Tuesday, 27 July 2010 10:12 Written by Christian Paolinetti

New York, July 27th (TradersHuddle.com) - Shares of AVX Corporation (NYSE:AVX) are trading lower by -0.86% ahead of its quarterly earnings release. AVX, the maker of passive electronic components is expected to release its quarterly results on July 28^th.

Wall Street Analysts consensus calls for a profit of $0.29 a share on $405.3 million revenue.

AVX estimates have a range of $0.08 a share. The high estimate calls for profit of $0.34 a share and the low estimate is calling for a profit of $0.26 a share, a year ago for the quarter the company reported $0.15 a share.

AVX Corporation (NYSE:AVX) manufactures and supplies a variety of passive electronic components and related products. Its products include ceramic and tantalum capacitors which are used in many electronic products to store, filter, or regulate electric energy. AVX supplies original equipment manufacturers in various industries. As of January 18, 1990, AVX Corp. operates as a subsidiary of Kyocera Corporation.