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

$314.31
-14.13 (-4.30%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 4Estimated
Actual EPS
(Jul. 30)
$2.10 Beat By $0.38
Consensus EPS
(Jul. 30)
$1.72
Skip Charts & View Estimated and Actual Earnings Data

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$1.85$1.55 
Q4 20243$1.62$1.86$1.72 
FY 202414$5.16$6.84$6.08 
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 data on July 30th, 2024. The technology company reported $2.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.72 by $0.38. The business earned $1.69 billion during the quarter, compared to the consensus estimate of $1.66 billion. Its revenue was up 15.9% compared to the same quarter last year. 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 43.8. Earnings for Arista Networks are expected to grow by 12.06% in the coming year, from $7.38 to $8.27 per share. Arista Networks has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off prior year's report dates.

Arista Networks Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/4/2024
(Estimated)
------- 
7/30/2024Q2 2024$1.72$2.10+$0.38$1.68$1.66 billion$1.69 billion      
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      

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, November 4th, 2024 based off last year's report dates. Learn more on ANET's earnings history.

What guidance has Arista Networks issued on next quarter's earnings?

Arista Networks updated its third quarter 2024 earnings guidance on Tuesday, July, 30th. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

Did Arista Networks beat their earnings estimates last quarter?

In the previous quarter, Arista Networks (NYSE:ANET) reported $2.10 earnings per share (EPS) to beat the analysts' consensus estimate of $1.72 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 $6.31 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 43.78 and a forward price-to-earnings ratio of 42.59. The price/earnings-to-growth ratio is 2.78.

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

Arista Networks's earnings are expected to grow from $7.38 per share to $8.27 per share in the next year, which is a 12.06% increase.


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This page (NYSE:ANET) was last updated on 9/7/2024 by MarketBeat.com Staff

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