Arrow Electronics (ARW) Beats Q2 Earnings and Revenue Estimates

Arrow Electronics (ARW) came out with quarterly earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +19.70%. A quarter ago, it was expected that this electronics maker would post earnings of $1.47 per share when it actually produced earnings of $1.8, delivering a surprise of +22.45%.Over the last four quarters, ...