Arista's Earnings to Soar
- Arista's Earnings ESP stands at +2.49%
- Net sales projected to rise by 14.48%
- Full year earnings predicted at $7.49 per share
Arista Networks has consistently surpassed earnings estimates, with a surprise of 21.64% in the most recent quarter and 15.82% in the quarter before that. The company's Earnings ESP currently stands at a positive +2.49%, indicating a promising outlook for the company's earnings. The next earnings report is slated for release on May 7, 2024.
In the upcoming earnings report, Arista Networks is expected to report an EPS of $1.74, marking a 21.68% increase compared to the same quarter of the previous year. The company's net sales are projected to be $1.55 billion, a rise of 14.48% from the year-ago period.
For the entire fiscal year, earnings of $7.49 per share and a revenue of $6.54 billion are predicted. These figures indicate changes of +7.93% and +11.55%, respectively, from the previous year.