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Arrow Electronics, Inc.

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The electronic component distributor, Arrow Electronics reported impressive second-quarter 2017 results wherein quarterly revenues and earnings not only marked a year-over-year improvement, but also surpassed the respective Zacks Consensus Estimate. The figures also came above the mid-point of the company’s guidance ranges. Apart from this, Arrow Electronics third-quarter guidance was encouraging. We believe that the company’s core strength in providing best-in-class services and easy-to-acquire technologies should drive growth in the long run. Moreover, the company has secured a significant market share through a broad portfolio of products and services, and continued efforts to maximize consumer satisfaction. Additionally, incremental sales from strategic acquisitions are expected to boost the top line. However, an uncertain economic environment, high debt burden and competition remain the concerns.

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