Arrow Electronics Q4 sales beat estimates, helped by global components segment

Overview

• Technology solutions provider's Q4 sales rose 20%, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company repurchased $50 mln of shares in Q4

Outlook

• Arrow Electronics expects Q1 2026 sales between $7.95 bln and $8.55 bln

• Company anticipates Q1 2026 EPS of $2.13 to $2.33

• Arrow Electronics forecasts Q1 2026 non-GAAP EPS of $2.70 to $2.90

Result Drivers

• GLOBAL COMPONENTS - Sales in this segment rose 22% year-over-year, driven by strong demand across all regions, with Asia-Pacific showing the highest growth at 26%

• CURRENCY IMPACT - Changes in foreign currencies boosted Q4 sales by $232 mln and EPS by $0.23

• ECS SEGMENT - Global ECS sales increased 16% year-over-year, with EMEA ECS sales showing a significant 24% increase

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 4 "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy."

• Wall Street's median 12-month price target for Arrow Electronics Inc is $114.00, about 17.4% below its February 4 closing price of $137.99

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw1wt14wa

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