Arrow Electronics Inc expected to post earnings of $5.68 a share - Earnings Preview

Arrow Electronics

31/01/2023 19:17

* Arrow Electronics Inc  ARW.N   ARW  is expected to show a
rise
in quarterly revenue when it reports  results on February 2. 
    * The Centennial Colorado-based  company is expected to
report  a
3.3% increase in revenue to $9.314 billion from $9.02 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arrow Electronics
Inc is
for earnings of $5.68 per share. 
    * 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 $115​, below​ its last closing price of $115.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  5.39        5.39       5.45      Beat    1.2
 Jun. 30 2022  5.67        5.63       5.78      Beat    2.6
 Mar. 31 2022  4.58        4.56       5.43      Beat    19​
 Dec. 31 2021  4.45        4.45       5.37      Beat    20.8
 ​​Sep.        3.54        3.54       4.04      Beat    14
 30 2021                                                
 Jun. 30 2021  2.96        2.96       3.34      Beat    12.8​
 Mar. 31 2021  2.30        2.30       2.84      Beat    23.6
 Dec. 31 2020  2.67        2.67       3.17      Beat    18.7
 This summary was machine generated January 31 at 19:17 GMT.  All
figures in US dollars  unless otherwise stated