Arista Networks (NYSE:ANET) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Arista Networks reported in-line EPS of $2.96 versus an estimate of $2.73, which did not surprise analysts.
Revenue was up $143,266,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18, which was followed by a 0.53% increase in the share price the next day.
Here's a look at Arista Networks's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.54 | 2.38 | 2.39 | 2.21 |
| EPS Actual | 2.72 | 2.50 | 2.49 | 2.42 |
| Revenue Estimate | 687.32M | 642.12M | 628.93M | 581.33M |
| Revenue Actual | 707.32M | 667.56M | 648.48M | 605.43M |
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