Arrow Electronics (ARW) Reports In-Line Q4 EPS, Guidance Tops Views, Announces $1B Buyback Plan

Arrow Electronics (NYSE: ARW) reported Q4 EPS of $5.69, in-line with the analyst estimate of $5.69. Revenue for the quarter came in at $9.32 billion versus the consensus estimate of $9.33 billion.

• -- Announces Additional $1 Billion Share Repurchase Authorization --

GUIDANCE:

Arrow Electronics sees Q1 2023 EPS of $4.40-$4.60, versus the consensus of $4.14. Arrow Electronics sees Q1 2023 revenue of $8.33-8.93 billion, versus the consensus of $8.25 billion.

For earnings history and earnings-related data on Arrow Electronics (ARW) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• Vera Bradley (VRA) Misses Q1 EPS by 26c ; Offers Guidance
• Oxford Industries (OXM) Tops Q1 EPS by 12c; Offers Outlook