Arrow Electronics (NYSE:ARW) reported quarterly earnings of $2.38 per share which beat the analyst consensus estimate of $2.22 by 7.21 percent. This is a 42.51 percent decrease over earnings of $4.14 per share from the same period last year. The company reported quarterly sales of $6.823 billion which beat the analyst consensus estimate of $6.730 billion by 1.38 percent. This is a 14.79 percent decrease over sales of $8.007 billion the same period last year.