On Thursday 31st October 2024, Arrow Electronics (NYSE: ARW) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
It appears that the establishment is on the verge of revealing their estimated $2.22 profit per share for the quarter, as well as their total revenue of $6.73 billion for this specific period, according to financial experts on Wall Street.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $27.71 billion. Additionally, they are expecting the company to report profit of $10.83 per share for the full year 2024.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $4.14. This results was derived from the company's total revenue, which reached an impressive $8.01 billion during same quarter.
ARW will host a conference call with investment community on 31st October 2024 at 01:00 PM eastern time to discuss the financial results.
Throughout Tuesday's trading, Arrow Electronics (ARW) shares fluctuated between $132.75 and $134.77, with a trading volume of 291.20 thousand shares. The stock ended the regular trading session at $134.55, indicating an advance of 0.55 percent.
