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

Arista Networks logo
$112.81 +3.74 (+3.43%)
(As of 12/20/2024 05:45 PM ET)

Arista Networks Latest Earnings Summary

Latest Q3 2024
Earnings Date
Nov. 7Confirmed
Actual EPS
(Nov. 7)
$0.60 Beat By $0.08
Consensus EPS
(Nov. 7)
$0.52

Arista Networks released Q3 2024 earnings on November 7, 2024, reporting an EPS of $0.60, which topped the consensus estimate of $0.52 by $0.08. Quarterly revenue rose 20.0% year-over-year to $1.81 billion, above analysts' expectations of $1.76 billion. With a trailing EPS of $2.08 and a P/E Ratio of 54.24, Arista Networks' earnings are expected to grow 9.69% next year, from $1.96 to $2.15 per share.

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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$1.85$1.55 
Q4 20243$1.62$1.86$1.72 
FY 202414$5.16$6.84$6.08 
Q1 20253$0.52$1.59$1.20 
Q2 20253$0.54$1.71$1.30 
Q3 20252$0.55$1.66$1.11 
Q4 20251$0.57$0.57$0.57 
FY 20259$2.18$5.53 $4.18

Arista Networks Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/7/2024Q3 2024$0.52$0.60+$0.08$2.21$1.76B$1.81B
7/30/2024Q2 2024$0.43$0.5250+$0.0950$1.68$1.66B$1.69B
5/7/2024Q1 2024$0.39$0.45+$0.06$1.61$1.55B$1.57B
2/12/2024Q4 2023$0.4250$0.52+$0.0950$1.78$1.53B$1.54B
10/30/2023Q3 2023$0.3525$0.4075+$0.0550$1.54$1.48B$1.51B
7/31/2023Q2 2023$0.3225$0.3950+$0.0725$1.27$1.38B$1.46B
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5/1/2023Q1 2023$0.3350$0.3575+$0.0225$1.14$1.31B$1.35B
2/13/2023Q4 2022$0.3025$0.3525+$0.05$1.15$1.20B$1.28B

Arista Networks Earnings - Frequently Asked Questions

Arista Networks (NYSE:ANET) last announced its quarterly earning data on Thursday, November 7, 2024. Learn more on ANET's earnings history.

Arista Networks issued an update on its fourth quarter 2024 earnings guidance on Thursday, November, 7th. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $6.8 billion.

In the previous quarter, Arista Networks (NYSE:ANET) reported $0.60 earnings per share (EPS) to beat the analysts' consensus estimate of $0.52 by $0.08. Learn more on analysts' earnings estimate vs. ANET's actual earnings.

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

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

Arista Networks (NYSE:ANET) has a recorded annual revenue of $6.61 billion.

Arista Networks (NYSE:ANET) has a recorded net income of $2.09 billion. ANET has generated $2.08 earnings per share over the last four quarters.

Arista Networks (NYSE:ANET) has a trailing price-to-earnings ratio of 54.24 and a forward price-to-earnings ratio of 57.56. The price/earnings-to-growth ratio is 3.21.

Arista Networks's earnings are expected to grow from $1.96 per share to $2.15 per share in the next year, which is a 9.69% increase.

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This page (NYSE:ANET) was last updated on 12/22/2024 by MarketBeat.com Staff
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