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ARW Market Currents
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May 1 IT products distributor Arrow Electronics (ARW -8.5%) dives after missing Q1 EPS estimates. While enterprise hardware sales were healthy, Arrow reported its European and Asian component businesses saw giant operating profit declines. Also, Arrow is guiding for Q2 revenue of $5.04B-$5.44B and EPS of $1.08-$1.20, compared with a consensus of $5.21B and $1.23. (CFO comments - PDF)
Comment![Tech, Earnings, On the Move]
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at MarketWatch.com (May 1, 2012)
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at MarketWatch.com (Feb 1, 2012)
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at CNBC.com (Jun 23, 2011)
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at MarketWatch.com (Jan 18, 2011)
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at CNBC.com (Dec 2, 2010)
ARW Press Releases and Filings
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Business Wire (May 10, 2012)
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Business Wire (May 1, 2012)
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Business Wire (Apr 23, 2012)
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Business Wire (Apr 18, 2012)
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Business Wire (Apr 17, 2012)
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Company Description
Arrow Electronics, Inc. is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company believes it is a leader in the electronics distribution industry in operating systems, employee... More
