Arrow Electronics falls on Q1 adjusted profit below estimates

Arrow Electronics

06/02/2025 13:37

** Shares of electronic components distributor Arrow
Electronics  ARW.N  down 4.27% at $110 premarket
    ** Co expects Q1 adj. profit between $1.30 and $1.50 per
share, below analysts' average estimate of $1.99 per share, due
to foreign-currency changes 
    ** Reports Q4 adj. profit of $2.97 per share vs estimates of
$2.63 per share - data compiled by LSEG
    ** Also expects Q1 sales of $5.98 bln to $6.58 bln vs
estimates of $6.49 bln 
    ** Shares fell ~7.47% in 2024

 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))