Arrow Electronics Shares Soar 1.12% on Strong Earnings

Arrow Electronics (ARW) shares surged 1.12% today, reaching their highest level since February 2025 with an intraday gain of 1.85%.

Arrow Electronics reported earnings per share (EPS) of $2.97 for the quarter, surpassing analysts' consensus estimates of $2.80 by $0.17. This positive earnings performance indicates strong financial health and operational efficiency, which could attract more investors and drive the stock price higher.

Additionally, Arrow Electronics reported revenues of $7.28 billion, which were down 7.2% year on year but still exceeded analysts' expectations by 3.2%. This revenue performance suggests that the company is managing its operations effectively despite the challenging market conditions, which could further boost investor confidence.