arrow electronics inc expects foreign currency moves will dent its sales and earnings in the first quarter of the year the electronic components and computer products company said thursday it expects changes in foreign currencies will have a negative impact on growth of about 160 million on sales and 10 cents on pershare earnings for the quarter it forecast the average dollareuro exchange rate for the first quarter will be 113 compared with 120 a year earlier sales for the first quarter are expected to be between 835 billion and 895 billion and earnings are expected to be 432 a share to 448 the company said it forecast adjusted earnings for the quarter of 444 to 460 arrow reported sales of 9 billion in the final three months of 2021 up 66 from 845 billion a year earlier while fourthquarter earnings jumped 71 to 526 from 308