Arrow Electronics (ARW) Q1 Earnings and Revenues Beat Estimates

Arrow Electronics (ARW) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of$ 1.47 per share. This compares to earnings of $2.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.45%. A quarter ago, it was expected that this electronics maker would post earnings of$ 2.69 per share when it actually produced earnings of $2.97, delivering a surprise of 10.41%.Over the last four quarters, t ...