Benzinga | Aug 5, 2021 08:15AM EDT

Arrow Electronics Q2 EPS $3.34 Beats $2.96 Estimate, Sales $8.56B Beat $8.53B Estimate

Arrow Electronics (NYSE:ARW) reported quarterly earnings of $3.34 per share which beat the analyst consensus estimate of $2.96 by 12.84 percent. This is a 110.06 percent increase over earnings of $1.59 per share from the same period last year. The company reported quarterly sales of $8.56 billion which beat the analyst consensus estimate of $8.53 billion by 0.35 percent. This is a 29.58 percent increase over sales of $6.61 billion the same period last year.