Arrow Electronics Q3 Adj. EPS $2.41 Beats $2.31 Estimate, Sales $7.713B Beat $7.679B Estimate

Arrow Electronics (NYSE:ARW) reported quarterly earnings of $2.41 per share which beat the analyst consensus estimate of $2.31 by 4.51 percent. This is a 1.26 percent increase over earnings of $2.38 per share from the same period last year. The company reported quarterly sales of $7.713 billion which beat the analyst consensus estimate of $7.679 billion by 0.45 percent. This is a 13.04 percent increase over sales of $6.823 billion the same period last year.