Skip to main content

Market Overview

Arista Networks Q4 Earnings Preview

Share:

On Thursday, Arista Networks (NYSE: ANET) will release its latest earnings report. Benzinga's outlook for Arista Networks is included in the following report.

Earnings and Revenue

Analysts expect Arista Networks earnings of $1.41. Revenue will likely be around $458.56 million, according to the consensus estimate.

Arista Networks reported a profit of $1.04 when it published results during the same quarter last year. Sales in that period totaled $327.96 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be up 35.58 percent. Revenue would be up 39.82 percent from the year-ago period.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 1.19 0.95 0.86 0.82
EPS Actual 1.62 1.34 0.93 1.04

 

Stock Performance

Over the last 52-week period, shares are up 192.87 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Arista Networks stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

The Arista Networks's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://www.arista.com/en/

 

Related Articles (ANET)

View Comments and Join the Discussion!

Posted-In: Earnings News Previews Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com