Arista Networks, Inc. logo

ANET

Arista Networks, Inc.

$181.6

Earnings Summary

Revenue
$1458.92Mn
Net Profits
$491.89Mn
Net Profit Margins
33.72%

Highlights

Revenue:

Arista Networks, Inc.’s revenue jumped 38.7% since last year same period to $1458.92Mn in the Q2 2023. On a quarterly growth basis, Arista Networks, Inc. has generated 7.96% jump in its revenue since last 3-months.

Net Profits:

Arista Networks, Inc.’s net profit jumped 64.46% since last year same period to $491.89Mn in the Q2 2023. On a quarterly growth basis, Arista Networks, Inc. has generated 12.7% jump in its net profits since last 3-months.

Net Profit Margins:

Arista Networks, Inc.’s net profit margin jumped 18.57% since last year same period to 33.72% in the Q2 2023. On a quarterly growth basis, Arista Networks, Inc. has generated 4.39% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Arista Networks, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.21
EPS Estimate Current Year
1.21

Highlights

EPS Estimate Current Quarter:

Arista Networks, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.21 - a 16.35% jump from last quarter’s estimates.

EPS Estimate Current Year:

Arista Networks, Inc.’s earning per share (EPS) estimates for the current year stand at 1.21.

Key Ratios

Key ratios of the Arista Networks, Inc. post its Q1 2023 earnings

Return on Assets (ROA)
0.17
Return on Equity (ROE)
0.35

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Arista Networks, Inc.’s return on assets (ROA) stands at 0.17.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Arista Networks, Inc.’s return on equity (ROE) stands at 0.35.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
0.81
0.84
3.7%
2022-11-01
1.04
1.25
20.19%
2022-08-02
0.91
1.08
18.68%