Arrow Electronics Inc. (ARW) announced earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $109.19 million, or $2.09 per share. This compares with $100.57 million, or $1.88 per share, last year.
Excluding items, Arrow Electronics Inc. reported adjusted earnings of $125.73 million or $2.41 per share for the period.
Analysts on average had expected the company to earn $2.29 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.0% to $7.712 billion from $6.823 billion last year.
Arrow Electronics Inc. earnings at a glance (GAAP) :
-Earnings: $109.19 Mln. vs. $100.57 Mln. last year.-EPS: $2.09 vs. $1.88 last year.-Revenue: $7.712 Bln vs. $6.823 Bln last year.
-Guidance:Next quarter EPS guidance: $3.44 - $3.64Next quarter revenue guidance: $7.80 - $8.40 Bln
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.