BUZZ-Arrow Electronics falls on Q1 adjusted profit below estimates
ReutersFeb 6, 2025 1:37 PM
Shares of electronic components distributor Arrow Electronics ARW.N down 4.27% at $110 premarket
Co expects Q1 adj. profit between $1.30 and $1.50 per share, below analysts' average estimate of $1.99 per share, due to foreign-currency changes
Reports Q4 adj. profit of $2.97 per share vs estimates of $2.63 per share - data compiled by LSEG
Also expects Q1 sales of $5.98 bln to $6.58 bln vs estimates of $6.49 bln
Shares fell ~7.47% in 2024
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