Arrow Electronics (ARW) reported Q4 adjusted EPS earnings Thursday of $2.97, down from $3.98 a year earlier.
Analysts surveyed by FactSet expected $2.68.
Sales for the quarter ended Dec. 31 was $7.28 billion, down from $7.85 billion a year earlier.
Analysts polled by FactSet expected $7.06 billion.
The company said it expects Q1 adjusted EPS of $1.30 to $1.50 on sales of $5.98 billion to $6.58 billion. Analysts surveyed by FactSet expect adjusted EPS of $1.99 on revenue of $6.49 billion.
Shares of Arrow Electronics were down 6% in recent Thursday premarket activity.
Price: 108.00, Change: -6.91, Percent Change: -6
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