Benzinga | Nov 4, 2021 08:12AM EDT

Arrow Electronics Q3 EPS $4.04 Beats $3.54 Estimate, Sales $8.51B Miss $8.59B Estimate

Arrow Electronics (NYSE:ARW) reported quarterly earnings of $4.04 per share which beat the analyst consensus estimate of $3.54 by 14.12 percent. This is a 94.23 percent increase over earnings of $2.08 per share from the same period last year. The company reported quarterly sales of $8.51 billion which missed the analyst consensus estimate of $8.59 billion by 0.93 percent. This is a 17.69 percent increase over sales of $7.23 billion the same period last year.