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Market Impact: 0.38

Arrow Electronics (ARW) Q1 Earnings and Revenues Beat Estimates

ARW
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Arrow Electronics reported quarterly EPS of $5.22, well above the Zacks Consensus Estimate of $2.81 and up from $1.80 a year ago. The beat of $2.41 per share suggests materially stronger profitability than expected. The report is supportive for the stock and likely to be market-relevant at the individual company level.

Analysis

Arrow Electronics reported quarterly EPS of $5.22, well above the Zacks Consensus Estimate of $2.81 and up from $1.80 a year ago. The beat of $2.41 per share suggests materially stronger profitability than expected. The report is supportive for the stock and likely to be market-relevant at the individual company level.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.58

Ticker Sentiment

ARW0.72