|Bid||77.74 x 1000|
|Ask||77.76 x 800|
|Day's Range||76.71 - 79.65|
|52 Week Range||39.25 - 85.80|
|Beta (5Y Monthly)||1.46|
|PE Ratio (TTM)||16.25|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 17, 1986|
|1y Target Est||79.57|
Cree's (CREE) fiscal first-quarter results reflect softness in demand owing to coronavirus pandemic and headwinds from lower utilization in materials business.
Arrow Electronics (ARW) delivered earnings and revenue surprises of 25.30% and 8.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2020 sales of $7.23 billion, an increase of 2 percent from sales of $7.08 billion in the third quarter of 2019. Third-quarter net income was $166 million, or $2.13 per share on a diluted basis, compared with a net income of $92 million, or $1.10 per share on a diluted basis, in the third quarter of 2019. Non-GAAP net income1 was $162 million, or $2.08 per share on a diluted basis, in the third quarter of 2020, compared with non-GAAP net income of $155 million, or $1.86 per share on a diluted basis, in the third quarter of 2019.