Arrow Electronics (ARW) Set to Announce Quarterly Earnings on Monday

Arrow Electronics (NYSE:ARW) is scheduled to be issuing its quarterly earnings data on Monday, February 5th. Arrow Electronics has set its Q4 guidance at $2.21-2.37 EPS.

Arrow Electronics (NYSE:ARW) last released its earnings results on Thursday, November 2nd. The technology company reported $1.82 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.82. The firm had revenue of $6.95 billion during the quarter, compared to analyst estimates of $6.58 billion. Arrow Electronics had a net margin of 2.00% and a return on equity of 13.63%. The business’s revenue was up 17.1% on a year-over-year basis. During the same quarter last year, the business earned $1.56 EPS. On average, analysts expect Arrow Electronics to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of Arrow Electronics (NYSE:ARW) opened at $84.02 on Monday. The stock has a market cap of $7,420.00, a PE ratio of 14.79, a PEG ratio of 0.88 and a beta of 1.18. The company has a quick ratio of 1.13, a current ratio of 1.58 and a debt-to-equity ratio of 0.57. Arrow Electronics has a twelve month low of $68.55 and a twelve month high of $87.26.

Separately, Zacks Investment Research lowered shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd.

In other news, insider Sean J. Kerins sold 3,816 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $78.87, for a total value of $300,967.92. Following the completion of the sale, the insider now owns 25,552 shares in the company, valued at approximately $2,015,286.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gail Hamilton sold 4,800 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $78.33, for a total transaction of $375,984.00. Following the completion of the sale, the director now owns 91 shares of the company’s stock, valued at approximately $7,128.03. The disclosure for this sale can be found here. Insiders sold a total of 10,032 shares of company stock valued at $788,816 in the last 90 days. Company insiders own 1.20% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Arrow Electronics (ARW) Set to Announce Quarterly Earnings on Monday” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at

About Arrow Electronics

Arrow Electronics, Inc is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings available from various electronic components and enterprise computing solutions suppliers.

Earnings History for Arrow Electronics (NYSE:ARW)

Receive News & Ratings for Arrow Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Electronics and related companies with's FREE daily email newsletter.

Leave a Reply