I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the comp ...

Arrow Electronics (ARW) reported third-quarter 2024 adjusted earnings of $2.38 per share, which beat the Zacks Consensus Estimate by 6.73%. However, the bottom line declined 42.5% year over year due to lower revenues, cyclical headwinds and unfavorable foreign currency exchange rates. In the third quarter, ARW reported revenues of $6.82 billion, down 14.78% from the year-ago quarter’s level. However, the top line beat the Zacks Consensus Estimate by 1.21%.Find the latest EPS estimates and surprises on Zacks ...

Arrow Electronics, Inc. (NYSE:ARW) Q3 2024 Results Conference Call October 31, 2024 1:00 PM ET Company Participants Brad Windbigler - Treasurer and Vice President of Investor Relations Sean Kerins - CEO, President Raj Agrawal - CFO Conference Call Participants Matt Sheerin - Stifel William Stein - Truist Securities Joe Quatrochi - Wells Fargo Ruplu Bhattacharya - Bank of America Melissa Fairbanks - Raymond James Toshiya Hari - Goldman Sachs Operator Ladies and gentlemen, good day, and welcome to the Arrow ...

For the quarter ended September 2024, Arrow Electronics (ARW) reported revenue of $6.82 billion, down 14.8% over the same period last year. EPS came in at $2.38, compared to $4.14 in the year-ago quarter. The reported revenue represents a surprise of +1.21% over the Zacks Consensus Estimate of $6.74 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +6.73%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Arrow Electronics (ARW) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $4.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.73%. A quarter ago, it was expected that this electronics maker would post earnings of $2.16 per share when it actually produced earnings of $2.78, delivering a surprise of 28.70%. Over the last four quarters, ...

ARROW ELECTRONICS, INC. 9151 EAST PANORAMA CIRCLE CENTENNIAL, CO 80112 303-824-4000 NEWS Exhibit 99.1 Arrow Electronics Reports Third-Quarter 2024 Results -- Sales of $6.8 billion, at high-end of guidance range -- -- Third-Quarter Earnings Per Diluted Share of $1.88; Non-GAAP Earnings Per Diluted Share of $2.38 -- CENTENNIAL, Colo.--(BUSINESS WIRE)- Oct. 31, 2024--Arrow Electronics, Inc. (NYSE:ARW) today announced financial results for its third quarter of 2024. "In the third quarter, the company continued ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, i ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tr ...

Luis Alvarez Investment summary My previous investment thoughts on Arrow Electronics (NYSE:ARW) (published on 23 May) was a buy rating, as various indicators have pointed to ARW reaching the end of this cycle. I remain buy-rated as the timing of a recovery cycle is getting increasingly visible and, by my estimate, should happen in 4Q24. 2Q24 results update Released a few days ago, ARW once again reported positive results that support my bullish views on the stock. Total revenue was flattish sequentially, co ...