Arrow Electronics Guides Q4 In Line With View - Quick Facts

(RTTNews) - Arrow Electronics, Inc. (ARW) on Thursday projected adjusted earnings for the fourth quarter in a range of $2.46 to $2.62 per share on total sales between $7.7 billion and $8.1 billion, with global components sales between $5.175 billion and $5.375, and global enterprise computing solutions sales between $2.525 billion and $2.725 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.62 per share on sales of $7.89 billion for the quarter. Analysts' estimates typically exclude special items.

At the midpoints of the fourth-quarter guidance ranges, full-year 2018 sales would total about $29.66 billion. Full-year 2018 adjusted earnings is projected to total about $8.80 per share. Street is looking for earnings of $8.86 per share on sales of $29.54 billion for the year.