Arrow Electronics (ARW) Q2 Earnings and Revenues Top Estimates

Arrow Electronics (ARW) came out with quarterly earnings of $2.78 per share, beating the Zacks Consensus Estimate of$ 2.16 per share. This compares to earnings of $4.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.70%. A quarter ago, it was expected that this electronics maker would post earnings of$ 2.31 per share when it actually produced earnings of $2.41, delivering a surprise of 4.33%.Over the last four quarters, th ...