Arrow Electronics Guides Q3 In Line With Estimates - Update

RTTNews | 951 days ago
Stocktwits
Arrow Electronics Guides Q3 In Line With Estimates - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, Arrow Electronics, Inc. (ARW) provided earnings, adjusted earnings and total sales guidance for the third quarter.

For the third quarter, the company expects earnings in a range of $5.11 to $5.27 per share and adjusted earnings in a range of $5.27 to $5.43 per share on total sales between $8.92 billion and $9.52 billion, with global components sales between $7.17 billion and $7.47 billion, and global enterprise computing solutions sales between $1.75 billion to $2.05 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.36 per share on sales of $9.35 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ARW
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European Economic News Preview: Eurozone Industrial Output Data Due

European Economic News Preview: Eurozone Industrial Output Data Due

Industrial production from the euro area and unemployment from Italy are the top economic news due on Wednesday. At 3.30 am ET, producer prices figures from Switzerland are due. Economists forecast prices to grow 0.2 percent on a monthly basis in February after a 0.1 percent gain in January.
RTTNews | 4h 37min ago
Sensex, Nifty Tad Higher In Early Trade

Sensex, Nifty Tad Higher In Early Trade

Indian shares opened on a positive note Thursday as tamer-than-expected U.S. CPI data led to some optimism about the Federal Reserve resuming interest rate cuts in the near future.
RTTNews | 5h 33min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, and amid some optimism about the US Fed resuming interest rate cuts in the near future after a report showed consumer prices in the U.S. came in tamer-than-expected in February. However, concerns about the impact of the ongoing trade war continue to weigh on the markets.
RTTNews | 6h 23min ago
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