Equities Analysts Decrease Earnings Estimates for Arrow Electronics, Inc. (NYSE:ARW)
Arrow Electronics, Inc. (NYSE:ARW) – Equities research analysts at SunTrust Banks lowered their Q4 2019 earnings per share (EPS) estimates for Arrow Electronics in a report released on Tuesday, July 16th, according to Zacks Investment Research. SunTrust Banks analyst W. Stein now expects that the technology company will post earnings per share of $2.30 for the quarter, down from their previous forecast of $2.61. SunTrust Banks also issued estimates for Arrow Electronics’ Q1 2020 earnings at $1.76 EPS, Q2 2020 earnings at $2.11 EPS, Q3 2020 earnings at $2.19 EPS and Q4 2020 earnings at $2.58 EPS.