|Bid||114.53 x 1200|
|Ask||114.73 x 800|
|Day's Range||113.46 - 116.99|
|52 Week Range||105.34 - 137.95|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||6.64|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 17, 1986|
|1y Target Est||137.86|
Arrow Electronics' (ARW) second-quarter 2022 results reflect increased demand for electronic components and software, cloud and security solutions.
Arrow Electronics (ARW) delivered earnings and revenue surprises of 3.77% and 1.22%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
CENTENNIAL, Colo., August 04, 2022--Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2022 sales of $9.46 billion, an increase of 10 percent from sales of $8.56 billion in the second quarter of 2021. Second-quarter net income was $370 million, or $5.54 per share on a diluted basis, compared with net income of $241 million, or $3.23 per share on a diluted basis, in the second quarter of 2021. Non-GAAP net income1 was $386 million, or $5.78 per share on a diluted basis, in the secon