Arista Networks (ANET) Earnings Date, Estimates & Call Transcripts

$245.53
-0.56 (-0.23%)
(As of 04/22/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 7
After Market Closes
Confirmed
Actual EPS
(Feb. 12)
$2.08 Beat By $0.38
Consensus EPS
(Feb. 12)
$1.70
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ANET Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ANET Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Arista Networks Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$1.20$1.51$1.40 
Q2 20244$1.13$1.62$1.42 
Q3 20244$1.21$1.70$1.51 
Q4 20243$1.62$1.79$1.69 
FY 202414$5.16$6.62$6.02 
Q1 20252$1.49$1.59$1.54 
Q2 20252$1.65$1.71$1.68 
Q3 20251$1.66$1.66$1.66 

ANET Earnings Date and Information

Arista Networks last announced its earnings results on February 12th, 2024. The technology company reported $2.08 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.38. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. Its revenue was up 20.8% on a year-over-year basis. Arista Networks has generated $6.57 earnings per share over the last year ($6.57 diluted earnings per share) and currently has a price-to-earnings ratio of 37.4. Earnings for Arista Networks are expected to grow by 13.73% in the coming year, from $6.70 to $7.62 per share. Arista Networks has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 2024. Arista Networks will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call..

Arista Networks Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/7/2024
Confirmed)
-------  
2/12/2024Q4 2023$1.70$2.08+$0.38$1.78$1.53 billion$1.54 billion    
10/30/2023Q3 2023$1.41$1.63+$0.22$1.54$1.48 billion$1.51 billion
7/31/2023Q2 2023$1.29$1.58+$0.29$1.27$1.38 billion$1.46 billion    
5/1/2023Q1 2023$1.34$1.43+$0.09$1.14$1.31 billion$1.35 billion    
2/13/2023Q4 2022$1.21$1.41+$0.20$1.15$1.20 billion$1.28 billion    
10/31/2022Q3 2022$0.91$1.13+$0.22$1.13$1.06 billion$1.18 billion    
8/1/2022Q2 2022$0.78$0.98+$0.20$1.02$979.66 million$1.05 billion    
5/2/2022Q1 2022$0.68$0.78+$0.10$0.71$854.01 million$877.07 million    
2/14/2022Q4 2021$0.60$0.66+$0.06$0.57$790.40 million$824.46 million    
11/1/2021Q3 2021$0.6825$0.74+$0.0575$1.95$738.13 million$748.70 million    
8/1/2021Q2 2021$0.6350$0.68+$0.0450$2.03$688.89 million$707.30 million    
5/3/2021Q1 2021$0.5950$0.6250+$0.03$2.31$642.57 million$667.56 million  

Arista Networks Earnings - Frequently Asked Questions

When is Arista Networks's earnings date?

Arista Networks has confirmed that its next quarterly earnings data will be published on Tuesday, May 7th, 2024. Learn more on ANET's earnings history.

Did Arista Networks beat their earnings estimates last quarter?

In the previous quarter, Arista Networks (NYSE:ANET) reported $2.08 earnings per share (EPS) to beat the analysts' consensus estimate of $1.70 by $0.38. Learn more on analysts' earnings estimate vs. ANET's actual earnings.

How can I listen to Arista Networks's earnings conference call?

The conference call for Arista Networks's latest earnings report can be listened to online. Listen to Conference Call

How can I read Arista Networks's conference call transcript?

The conference call transcript for Arista Networks's latest earnings report can be read online. Read Transcript

How much revenue does Arista Networks generate each year?

Arista Networks (NYSE:ANET) has a recorded annual revenue of $5.86 billion.

How much profit does Arista Networks generate each year?

Arista Networks (NYSE:ANET) has a recorded net income of $2.09 billion. ANET has generated $6.57 earnings per share over the last four quarters.

What is Arista Networks's price-to-earnings ratio?

Arista Networks (NYSE:ANET) has a trailing price-to-earnings ratio of 37.37 and a forward price-to-earnings ratio of 36.65. The price/earnings-to-growth ratio is 2.1.

What is Arista Networks's EPS forecast for next year?

Arista Networks's earnings are expected to grow from $6.70 per share to $7.62 per share in the next year, which is a 13.73% increase.


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This page (NYSE:ANET) was last updated on 4/23/2024 by MarketBeat.com Staff

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