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29.10.2020 13:30:18
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Arrow Electronics Guides Q4 Above Estimates - Quick Facts
(RTTNews) - While reporting financial results for the third quarter on Thursday, Arrow Electronics, Inc. (ARW) projected earnings for the fourth quarter in a range of $2.42 to $2.58 per share and adjusted earnings in a range of $2.57 to $2.73 per share.
Total sales are expected between $7.45 billion and $8.05 billion, with global components sales between $5.1 billion and $5.4 billion, and global enterprise computing solutions sales between $2.35 billion and $2.65 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.21 per share on sales of $7.24 billion for the quarter. Analysts' estimates typically exclude special items.
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