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Arrow Electronics Guides Q3 Adj. EPS Above Estimates -


RTTNews | Jul 30, 2020 08:17AM EDT

08:17 Thursday, July 30, 2020 (RTTNews.com) - While reporting financial results for the second quarter on Thursday, Arrow Electronics, Inc. (ARW) projected earnings for the third quarter in a range of $1.34 to $1.50 per share and adjusted earnings in a range of $1.54 to $1.70 per share on total sales between $6.325 billion and $6.925 billion, with global components sales between $4.675 billion and $4.975 billion, and global enterprise computing solutions sales between $1.65 billion and $1.95 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.45 per share on sales of $6.50 billion for the quarter. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3116303/arrow-electronics-guides-q3-adj-eps-above-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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