Arrow Electronics Inc expected to post earnings of $2.63 a share - Earnings Preview

Reuters
02-04
Arrow Electronics Inc <arw.n> expected to post earnings of $2.63 a share - Earnings Preview </arw.n>
  • Arrow Electronics Inc ARW.N, ARW is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

  • The Centennial Colorado-based company is expected to report a 10.1% decrease in revenue to $7.059 billion from $7.85 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue between $6.67 billion and $7.27 billion.

  • ​LSEG's mean analyst estimate for Arrow Electronics Inc is for earnings of $2.63 per share. The company's EPS guidance on October 31 2024, for the period ended December 31, was between $2.48 and $2.68

  • 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 $132.50​, above​ its last closing price of $113.50. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.22

2.22

2.38

Beat

7.2

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. 30 2023

4.35

4.34

4.37

Beat

0.6​

Mar. 31 2023

4.50

4.50

4.60

Beat

2.3

Dec. 31 2022

5.67

5.68

5.69

Beat

0.2

This summary was machine generated February 4 at 13:32 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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