Arrow Electronics (NYSE:ARW) reported its Q4 earnings results on Thursday, February 3, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Arrow Electronics beat estimated earnings by 20.95%, reporting an EPS of $5.37 versus an estimate of $4.44, which surprised analysts.
Revenue was up $562.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.5, which was followed by a 2.72% increase in the share price the next day.
Here's a look at Arrow Electronics's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.54 | 2.96 | 2.30 | 2.67 |
| EPS Actual | 4.04 | 3.34 | 2.84 | 3.17 |
| Revenue Estimate | 8.59B | 8.53B | 8.00B | 7.80B |
| Revenue Actual | 8.51B | 8.56B | 8.39B | 8.45B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
