Arista Networks Inc reports results for the quarter ended March 31 - Earnings Summary

Arista Networks

07/05/2025 01:42

Arista Networks Inc ANET.N reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 50 cents.  The mean expectation of eighteen analysts for the quarter was for earnings of 59 cents per share. Wall Street expected results to range from 57 cents to 63 cents per share.

Revenue rose 27.6% to $2.00 billion from a year ago; analysts expected $1.97 billion.

Arista Networks Inc's reported EPS for the quarter was 64 cents​.

The company reported quarterly net income of $813.8 million.

Arista Networks Inc shares had risen by 16.6% this quarter and lost 18.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Arista Networks Inc is $112.00

This summary was machine generated from LSEG data May 7 at 12:42 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.59
0.65
Beat
Dec. 31 2024
0.57
0.65
Beat
Sep. 30 2024
0.52
0.60
Beat
Jun. 30 2024
0.49
0.53
Beat