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

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$307.50
+0.95 (+0.31%)
(As of 05/28/2024 ET)
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Earnings Summary

Upcoming
Earnings Date
Jul. 29Estimated
Actual EPS
(May. 7)
$1.80 Beat By $0.24
Consensus EPS
(May. 7)
$1.56
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Earnings Per ShareRevenue

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 released its quarterly earnings results on May 7th, 2024. The technology company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.24. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. Arista Networks has generated $7.18 earnings per share over the last year ($7.18 diluted earnings per share) and currently has a price-to-earnings ratio of 42.8. Earnings for Arista Networks are expected to grow by 12.48% in the coming year, from $7.05 to $7.93 per share. Arista Networks has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, July 29th, 2024 based off prior year's report dates.

Arista Networks Earnings History by Quarter

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DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/29/2024
(Estimated)		------- 
5/7/2024Q1 2024$1.56$1.80+$0.24$1.61$1.55 billion$1.57 billion
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  
2/17/2021Q4 2020$0.5975$0.6225+$0.0250$2.17$628.76 million$648.48 million  
11/2/2020Q3 2020$0.5550$0.6050+$0.05$2.18$581.55 million$605.40 million  
8/4/2020Q2 2020$0.4875$0.5275+$0.04$1.65$530.56 million$540.60 million  
5/5/2020Q1 2020$0.4525$0.5050+$0.0525$1.63$517.45 million$523.00 million  
2/13/2020Q4 2019$0.4575$0.5725+$0.1150$0.77$550.63 million$552.55 million  
10/31/2019Q3 2019$0.5475$0.6725+$0.1250$2.45$653.26 million$654.40 million  
8/1/2019Q2 2019$0.4950$0.61+$0.1150$2.07$606.78 million$608.32 million    

Arista Networks Earnings - Frequently Asked Questions

When is Arista Networks's earnings date?

Arista Networks has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, July 29th, 2024 based off last year's report dates. 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 $1.80 earnings per share (EPS) to beat the analysts' consensus estimate of $1.56 by $0.24. Learn more on analysts' earnings estimate vs. ANET's actual earnings.

How much revenue does Arista Networks generate each year?

Arista Networks (NYSE:ANET) has a recorded annual revenue of $6.08 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 $7.18 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 42.83 and a forward price-to-earnings ratio of 43.62. The price/earnings-to-growth ratio is 2.77.

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

Arista Networks's earnings are expected to grow from $7.05 per share to $7.93 per share in the next year, which is a 12.48% increase.


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This page (NYSE:ANET) was last updated on 5/29/2024 by MarketBeat.com Staff

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