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Arrow Electronics: Q2 Earnings Snapshot
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CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — Arrow Electronics Inc. (ARW) on Thursday reported second-quarter earnings of $272.7 million.

On a per-share basis, the Centennial, Colorado-based company said it had net income of $5.26. Earnings, adjusted for one-time gains and costs, were $5.45 per share.

The electronics maker posted revenue of $9.99 billion in the period.

For the current quarter ending in September, Arrow Electronics expects its per-share earnings to range from $4.83 to $5.03.

The company said it expects revenue in the range of $9.6 billion to $10.2 billion for the fiscal third quarter.

Arrow Electronics shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $222.29, a climb of 91% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARW at https://www.zacks.com/ap/ARW

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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