Arrow Electronics (ARW) Tops Q1 EPS by 2c; Guides In-Line
Arrow Electronics (NYSE: ARW) reported Q1 EPS of $1.46, $0.02 better than the analyst estimate of $1.44. Revenue for the quarter came in at $5.76 billion versus the consensus estimate of $5.59 billion.
GUIDANCE:
Arrow Electronics sees Q2 2017 EPS of $1.70-$1.82, versus the consensus of $1.76. Arrow Electronics sees Q2 2017 revenue of $5.975-6.375 billion, versus the consensus of $6.09 billion.
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