Arista Networks Inc expected to post earnings of 59 cents a share - Earnings Preview

Reuters
May 03
Arista Networks Inc <anet.n> expected to post earnings of 59 cents a share - Earnings Preview </anet.n>
  • Arista Networks Inc ANET.N, ANET.K is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025

  • The Santa Clara California-based company is expected to report a 25.4% increase in revenue to $1.971 billion from $1.57 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on February 18 2025, for the period ended March 31, was for revenue between $1.93 billion and $1.97 billion.

  • ​LSEG's mean analyst estimate for Arista Networks Inc is for earnings of 59 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 0.3% in the last three months. ​

  • Wall Street's median 12-month price target for Arista Networks Inc is $112.00​, above​ its last closing price of $91.02. ​​​

The company's guidance on February 18 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD849.2 million and USD866.8 million.The company's guidance on February 18 2025 for the period ended March 31 was for gross profit margin of USD63%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

0.57

0.57

0.65

Beat

14.3

Sep. 30 2024

0.53

0.52

0.60

Beat

15.2

Jun. 30 2024

0.49

0.49

0.53

Beat

7.9​

Mar. 31 2024

0.44

0.44

0.50

Beat

14.3

​​Dec. 31 2023

0.43

0.43

0.52

Beat

22.1

Sep. 30 2023

0.40

0.40

0.46

Beat

15.8​

Jun. 30 2023

0.36

0.36

0.40

Beat

9.9

Mar. 31 2023

0.34

0.34

0.36

Beat

6.4

This summary was machine generated May 2 at 21:55 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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