Arrow Electronics Reports Fourth-Quarter and Year-End 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Arrow Electronics (ARW) Tops Q4 EPS by 50c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus
February 4, 2021 8:09 AM ESTArrow Electronics (NYSE: ARW) reported Q4 EPS of $3.17, $0.50 better than the analyst estimate of $2.67. Revenue for the quarter came in at $8.45 billion versus the consensus estimate of $7.8 billion.
Fourth-Quarter Earnings Per Share of $3.08; Non-GAAP Earnings Per Share of $3.17Full-Year Cash Provided by Operating Activities of $1.36 BillionArrows talented team works hard every day to help customers and suppliers overcome design, engineering, and supply chain challenges and this commitment was more evident than ever in 2020. Despite the uncertain environment, Arrow drove exceptional financial performance and built on our reputation as a... More
