Arrow Electronics has earned a Zacks Rank #1 (Strong Buy) after analysts significantly raised their earnings estimates for the electronics maker. The Zacks Consensus Estimate for the current quarter has increased 11.51% over the last 30 days to $4.39 per share, representing a year-over-year change of +82.2%. For the full year, the consensus estimate has risen 6.72% to $20.44 per share, a year-over-year change of +85.5%. Three analysts raised full-year estimates over the past month with no negative revisions, and the stock has gained 7.2% over the past four weeks.
Arrow Electronics IncAnalysts raised earnings estimates, leading to a Zacks Rank #1 Strong Buy and positive estimate revisions.