Arrow Electronics Q3 Adj EPS $4.14 Beats $3.51 Estimate, Sales $8.01B Miss $8.08B Estimate
Author: Benzinga Newsdesk | November 02, 2023 08:02am
Arrow Electronics (NYSE:ARW) reported adjusted quarterly earnings of $4.14 per share which beat the analyst consensus estimate of $3.51 by 17.95 percent. This is a 24.04 percent decrease over earnings of $5.45 per share from the same period last year. The company reported quarterly sales of $8.01 billion which missed the analyst consensus estimate of $8.08 billion by 0.87 percent. This is a 13.55 percent decrease over sales of $9.27 billion the same period last year.
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