logo
Plus   Neg
Share
Email

Arrow Electronics Inc. Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for Arrow Electronics Inc. (ARW):

-Earnings: -$548.97 million in Q2 vs. $169.92 million in the same period last year.
-EPS: -$6.48 in Q2 vs. $1.92 in the same period last year.
-Excluding items, Arrow Electronics Inc. reported adjusted earnings of $136.56 million or $1.60 per share for the period.
-Analysts projected $1.59 per share
-Revenue: $7.34 billion in Q2 vs. $7.39 billion in the same period last year.

-Guidance:
Next quarter EPS guidance: $1.62 - $1.74
Next quarter revenue guidance: $6.850 - $7.250 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT