Arrow Electronics (ARW) Earnings Preview: Q4 Results Due Tomorrow

[Para 1: The Lead] Arrow Electronics (NYSE:ARW) is set to release its Q4 earnings tomorrow, facing revenue expectations of $8.21 billion, up 12.7% year over year. Analysts anticipate an EPS of $3.57, a slight miss from the prior quarter. The company's stock is currently priced at $135.33, with an average analyst price target of $113. [Para 2-3: Supporting details & Context] Last quarter, Arrow Electronics surpassed revenue estimates by $7.71 billion, a 13% year-over-year increase, but EPS guidance and adjusted operating income fell short. Analysts, having reconfirmed their estimates over the past 30 days, suggest stability in the business outlook. Peer Applied Industrial saw a 8.4% year-over-year revenue growth, slightly missing expectations, while GE Aerospace reported a 17.6% increase, significantly topping estimates. Arrow Electronics has exceeded revenue expectations by 2.8% on average over the last two years. Despite this, the stock has risen 19.8% in the last month, indicating positive investor sentiment.