Arrow Electronics (ARW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Arrow Electronics(ARW) Zacks Investment Research·2024-02-09 00:31
For the quarter ended December 2023, Arrow Electronics (ARW) reported revenue of $7.85 billion, down 15.8% over the same period last year. EPS came in at $3.98, compared to $5.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $7.82 billion, representing a surprise of +0.41%. The company delivered an EPS surprise of +7.57%, with the consensus EPS estimate being $3.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...