Arrow Electronics (ARW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ARWArrow Electronics(ARW) Zacks Investment Research·2024-05-02 23:31

For the quarter ended March 2024, Arrow Electronics (ARW) reported revenue of 6.92billion,down20.76.92 billion, down 20.7% over the same period last year. EPS came in at 2.41, compared to 4.60intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof−1.104.60 in the year-ago quarter. The reported revenue represents a surprise of -1.10% over the Zacks Consensus Estimate of 7 billion. With the consensus EPS estimate being $2.31, the EPS surprise was +4.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...