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Arrow Electronics Inc reports results for the quarter ended June 30 - Earnings Summary

Arrow Electronics Inc ARW.N reported quarterly adjusted earnings of $2.43​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.49.  The mean expectation of six analysts for the quarter was for earnings of $2.07 per share. Wall Street expected results to range from $2.00  to $2.18 per share.

Revenue rose 10% to $7.58 billion from a year ago; analysts expected $7.16 billion.

Arrow Electronics Inc's reported EPS for the quarter was $3.59​.

The company reported quarterly net income of $187.75 million.

Arrow Electronics Inc shares had risen by 1.8% this quarter and gained 14.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is  "buy."

Wall Street's median 12-month price target for Arrow Electronics Inc is $118.00, about 10% below its last closing price of $129.78

This summary was machine generated from LSEG data July 31 at 02:10 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.072.43Beat
Mar. 31 20251.431.80Beat
Dec. 31 20242.632.97Beat
Sep. 30 20242.222.38Beat

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