Arrow Electronics Reports Fourth-Quarter and Year-End 2020 Results
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Arrow Electronics (ARW) Tops Q4 EPS by 50c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus
February 4, 2021 8:09 AM ESTArrow Electronics (NYSE: ARW) reported Q4 EPS of $3.17, $0.50 better than the analyst estimate of $2.67. Revenue for the quarter came in at $8.45 billion versus the consensus estimate of $7.8 billion.
Fourth-Quarter Earnings Per Share of $3.08; Non-GAAP Earnings Per Share of $3.17Full-Year Cash Provided by Operating Activities of $1.36 BillionArrows talented team works hard every day to help customers and suppliers overcome design, engineering, and supply chain challenges and this commitment was more evident than ever in 2020. Despite the uncertain environment, Arrow drove exceptional financial performance and built on our reputation as a... More
