Earnings Alerts

Arrow Electronics (ARW) Earnings: Q2 Sales Forecast Exceeds Expectations

  • Arrow Electronics‘ second-quarter sales forecast is expected to be between $6.70 billion and $7.30 billion, surpassing the estimated $6.68 billion.
  • The company anticipates global components sales to range from $4.80 billion to $5.20 billion, compared to an estimate of $4.83 billion.
  • In the first quarter, adjusted EPS was $1.80, down from $2.41 in the prior year, but exceeding the estimate of $1.49.
  • First-quarter sales were $6.81 billion, a 1.6% decrease year-over-year, yet higher than the projected $6.4 billion.
  • Reported global components sales for the first quarter were $4.78 billion, marking an 8% year-over-year drop but surpassing the estimated $4.63 billion.
  • The Americas components sales were reported at $1.57 billion, a slight decrease of 1.8% year-over-year, aligning closely with the estimate of $1.56 billion.
  • Asia components sales totaled $1.87 billion, down 3.6% from the previous year, but above the estimate of $1.81 billion.
  • Europe components sales were $1.34 billion, a significant decline of 19% year-over-year, yet above the estimate of $1.26 billion.
  • Gross profit for the first quarter was $774.0 million, a 9.8% decrease year-over-year, but still exceeding the estimated $764.9 million.
  • Analysts’ recommendations for Arrow Electronics consist of 1 buy, 3 holds, and 2 sells.

Arrow Electronics on Smartkarma

On Smartkarma, top independent analysts like Baptista Research are covering Arrow Electronics in-depth. Baptista Research‘s recent reports provide valuable insights into Arrow Electronics‘ performance and strategies. In one report titled “Arrow Electronics: Margin Stability & Operational Efficiency Powering Our ‘Outperform’ Rating!”, the analysts praised Arrow’s resilience and adaptability in the face of challenging market conditions. Arrow Electronics exceeded expectations in the fourth quarter of 2024, boasting $7.3 billion in sales and non-GAAP earnings per share of $2.97. This demonstrates Arrow’s strategic focus on navigating the semiconductor market’s challenges and strengthening its global components segment.

In another report by Baptista Research titled “Arrow Electronics Inc.: Expansion in IT-as-a-Service & Hybrid Cloud Solutions As A Primary Growth Accelerator! – Major Drivers”, analysts highlighted Arrow Electronics‘ role as a major player in electronic components and enterprise computing solutions. The report focused on Arrow’s third-quarter 2024 earnings, where the company reported total sales of $6.8 billion and non-GAAP earnings per share of $2.38. This performance provides valuable insights into sector trends and Arrow Electronics‘ operational resilience, showcasing its ongoing expansion in IT-as-a-Service and hybrid cloud solutions as key growth drivers.


A look at Arrow Electronics Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Arrow Electronics, Inc., a distributor of electronic components and computer products, is looking at a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a high Value score and solid Momentum, Arrow Electronics is positioned well in terms of its financial standing and market performance. Additionally, the company shows decent Growth and Resilience scores, indicating potential for expansion and the ability to withstand market fluctuations.

However, Arrow Electronics‘ Dividend score is lower, suggesting that the company may not be as attractive for income-seeking investors. Overall, with a strong emphasis on value and positive momentum, Arrow Electronics seems to be on a favorable trajectory for future growth and success in the electronic components distribution industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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