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Arrow Electronics Inc Issues Q2 2013 Guidance In Line With Analysts' Estimates

Wednesday, 1 May 2013 08:00am EDT 

Arrow Electronics Inc announced that for the second quarter of 2013, it expects total sales to be between $4.9 billion and $5.3 billion, with global components sales between $3.15 billion and $3.35 billion and global enterprise computing solutions sales between $1.75 billion and $1.95 billion. As a result of this outlook, earnings per share (EPS), on a diluted basis, excluding any charges should be in the range of $.95 to $1.07 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $5.1 billion and EPS of $1.04 for the second quarter of 2013. 

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