Arista Networks Inc <ANET.N> expected to post earnings of 57 cents a share - Earnings Preview

• Arista Networks Inc ANET.N, ANET.K is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024

• The Santa Clara California-based company is expected to report a 23.6% increase in revenue to $1.904 billion from $1.54 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $1.85 billion and $1.90 billion.

• ​LSEG's mean analyst estimate for Arista Networks Inc is for earnings of 57 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 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Arista Networks Inc is $115.00​, above​ its last closing price of $109.75. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD814 million and USD836 million.The company's guidance on November 7 2024 for the period ended December 31 was for gross profit margin between USD63% and USD64%.

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

This summary was machine generated February 14 at 21:23 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)