Arrow Electronics Q3 Adj. EPS $6.22 Beats $4.96 Estimate, Sales $10.718B Beat $10.007B Estimate

Arrow Electronics (NYSE:ARW) reported quarterly earnings of $6.22 per share which beat the analyst consensus estimate of $4.96 by 25.15 percent. This is a 158.09 percent increase over earnings of $2.41 per share from the same period last year. The company reported quarterly sales of $10.718 billion which beat the analyst consensus estimate of $10.007 billion by 7.10 percent. This is a 38.96 percent increase over sales of $7.713 billion the same period last year.