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Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Arrow Electronics (ARW) was reported on August 1, 2024 for Q3 2024. The company provided earnings per share guidance in the range of $2.10 to $2.30, compared to the estimated EPS of $2.44. Additionally, Arrow Electronics forecasted revenue between $6.37B and $6.97B for the quarter.
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