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Arrow Electronics (NYSE:ARW – Get Rating) issued an update on its second quarter 2023 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.25-$4.45 for the period, compared to the consensus estimate of $4.11. The company issued revenue guidance of $8.42 billion-$9.02 billion, compared to the consensus revenue estimate of […]
LSV Asset Management cut its position in shares of Arrow Electronics, Inc. (NYSE:ARW – Get Rating) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,773,221 shares of the technology company’s stock after selling 170,039 shares during the period. LSV […]
Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW – Get Rating) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,034 shares of the technology company’s stock after purchasing an additional 536 […]
Arrow Electronics (NYSE:ARW – Get Rating) posted its earnings results on Thursday. The technology company reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.47 by $0.13, RTT News reports. Arrow Electronics had a return on equity of 24.92% and a net margin of 3.63%. The company had revenue of $8.74 […]
StockNews.com cut shares of Arrow Electronics (NYSE:ARW – Get Rating) from a buy rating to a hold rating in a research note released on Friday. Several other brokerages have also recently weighed in on ARW. The Goldman Sachs Group upped their price target on Arrow Electronics from $111.00 to $126.00 and gave the company a […]