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ARW

Arrow Electronics, Inc. · NYSE · Technology

Price$222.95+1.50% · +$3.29
Market cap11.35BEquity value
P / E15.4Trailing ratio
Volume559.55KLatest session
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ARWMay 3, 2024+1.78% since signal

Arrow Electronics (ARW) Q1 Earnings Beat, Revenues Fall Y/Y

- ARW reported first-quarter adjusted earnings of $2.41 per share, beating estimates by 4.33%. - Revenues were $6.92 billion, down 21% YoY, missing estimates by 1.1% due to FX rates. - Global Component sales dropped 24%, while Global ECS revenues decreased 8% YoY. - Second-quarter 2024 sales estimated between $6.2 billion and $6.8 billion. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

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