earnings
confidence high
sentiment positive
materiality 0.85
Arrow Electronics Q1 2022: Record sales $9.07B, EPS $5.31; Non-GAAP EPS $5.43; Q2 guide EPS $5.32-5.48
ARROW ELECTRONICS, INC.
2022-Q1 EPS reported
$5.31
revenue$9,074,125,000
- Record Q1: sales $9.07B (+8%), GAAP EPS $5.31, non-GAAP EPS $5.43 vs $2.72/$2.84 YoY.
- Global components sales $7.20B (+12%); Americas +38%, Europe +23%, Asia -8%.
- Global ECS sales $1.88B (-3%); Americas -9%, Europe +5%.
- Repurchased $250M in Q1; $1B returned over trailing 12M; auth remaining ~$513M.
- Component supply expected to remain well below demand through most of 2022.