Arrow Electronics (ARW) Tops Q1 EPS by 54c, Offers Q2 Guidance

Arrow Electronics (NYSE: ARW) reported Q1 EPS of $2.84, $0.54 better than the analyst estimate of $2.30. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8 billion.

GUIDANCE:

Arrow Electronics sees Q2 2021 EPS of $2.82-$2.98, versus the consensus of $2.51. Arrow Electronics sees Q2 2021 revenue of $8.1-8.7 billion, versus the consensus of $8.24 billion.

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