Arrow Electronics Reports First-Quarter 2020 Results

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Arrow Electronics (ARW) Misses Q1 EPS by 12c, Offers Q2 Guidance

April 30, 2020 8:05 AM EDT

Arrow Electronics (NYSE: ARW) reported Q1 EPS of $0.97, $0.12 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $6.38 billion versus the consensus estimate of $6.12 billion.

GUIDANCE:

Arrow Electronics sees Q2 2020 EPS of $1.38-$1.54, versus the consensus of $1.19.... More