earnings
confidence high
sentiment positive
materiality 0.80
Arrow Q4 revenue $9.32B (+3% YoY), EPS $5.69; adds $1B buyback; Q1 guide $4.40-$4.60
ARROW ELECTRONICS, INC.
2022-FY EPS reported
$21.80
revenue$37,124,422,000
- Q4 2022 sales $9.32B (+3% YoY); GAAP EPS $5.66, non-GAAP EPS $5.69 (above prior guidance midpoint).
- Full-year 2022 sales $37.12B (+8% YoY); GAAP EPS $21.80, non-GAAP EPS $22.38.
- Board approved additional $1B share repurchase authorization; $300M shares repurchased in Q4.
- Q1 2023 guidance: sales $8.33B–$8.93B, non-GAAP EPS $4.40–$4.60, non-GAAP tax rate ~23.5%.
- Global components sales $6.83B (+2% YoY); Asia-Pacific declined 14% YoY; ECS sales $2.50B (+7% YoY).