* Arrow Electronics Inc is expected to show a fall in quarterly revenue when it reports results on October 31 for the period ending January 1 0001
* The Centennial Colorado-based company is expected to report a 15.9% decrease in revenue to $6.73 billion from $8.01 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on August 1 2024, for the period ended September 30, was for revenue between $6.37 billion and $6.97 billion.
* LSEG's mean analyst estimate for Arrow Electronics Inc is for earnings of $2.22 per share. The company's EPS guidance on August 1 2024, for the period ended September 30, was between $2.10 and $2.30
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Arrow Electronics Inc is $134.50, above its last closing price of $133.82.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 2.17 2.16 2.49 Beat 15.3
Mar. 31 2024 2.39 2.37 2.41 Beat 1.8
Dec. 31 2023 3.72 3.72 3.98 Beat 7.1
Sep. 30 2023 3.51 3.51 4.14 Beat 17.9
Jun. 4.35 4.34 4.37 Beat 0.6
30 2023
Mar. 31 2023 4.50 4.50 4.60 Beat 2.3
Dec. 31 2022 5.67 5.68 5.69 Beat 0.2
Sep. 30 2022 5.39 5.39 5.45 Beat 1.2
This summary was machine generated October 29 at 13:52 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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