Arrow Electronics (ARW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Arrow Electronics (ARW) reported revenue of $6.92 billion, down 20.7% over the same period last year. EPS came in at$ 2.41, compared to $4.60 in the year-ago quarter.The reported revenue represents a surprise of -1.10% over the Zacks Consensus Estimate of$ 7 billion. With the consensus EPS estimate being $2.31, the EPS surprise was +4.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...