Advertisement
Arrow Electronics Guides Q4 Adj. EPS Above Estimates - Update
(RTTNews) - While reporting financial results for the third quarter on Thursday, Arrow Electronics, Inc. (ARW) provided earnings, adjusted earnings and total sales guidance for the fourth quarter.
For the fourth quarter, the company expects earnings in a range of $5.44 to $5.64 per share and adjusted earnings in a range of $5.60 to $5.80 per share on total sales between $8.95 billion and $9.55 billion, with global components sales between $6.80 billion and $7.10 billion, and global enterprise computing solutions sales between $2.15 billion to $2.45 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.39 per share on sales of $9.28 billion for the quarter. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Arrow Electronics Q1 Adj. EPS Tops Estimates, But Sales Miss; Guides Q2 Well Below View
Arrow Electronics Guides Q2 Adj. EPS Above Estimates - Update
Arrow Electronics Guides Q3 In Line With Estimates - Update
Commodity Currencies Slide, Yen Rises Amid Cautious Trade
Canadian Dollar Drops Against Majors
NZ Dollar Slides Against Most Majors
Australian Dollar Falls Against Majors
