Arrow electronics, inc. provides earnings guidance for the fourth quarter ending december 31, 2019

Arrow electronics, inc. provided earnings guidance for the fourth quarter ending december 31, 2019. for the quarter, the company expects total sales to be in range between $7.125 billion and $7.525 billion, with global components sales between $4.625 billion and $4.825 billion, and global enterprise computing solutions sales between $2.5 billion and $2.7 billion. the company expects earnings per share on a diluted basis to range from $1.82 to $1.98, and earnings per share on a diluted basis, excluding certain items, to range from $2.10 to $2.26 per share. the company also estimate changes in foreign currencies will have negative impacts on growth of approximately $100 million, or 1% on sales, and $0.05, or 2%, on earnings per share on a diluted basis compared to the fourth quarter of 2018.
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