Arrow Electronics (ARW) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2024, Arrow Electronics (ARW) reported revenue of $6.89 billion, down 19.1% over the same period last year. EPS came in at$ 2.78, compared to $4.37 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 6.51 billion, representing a surprise of +5.91%. The company delivered an EPS surprise of +28.70%, with the consensus EPS estimate being $2.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...