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ANET

Arista Networks Inc

$131.88

Earnings Summary

Revenue
$1051.89Mn
Net Profits
$299.1Mn
Net Profit Margins
28.43%
PE Ratio
44.72

Highlights

Revenue:

Arista Networks Inc’s revenue jumped 48.72% since last year same period to $1051.89Mn in the Q2 2022. On a quarterly growth basis, Arista Networks Inc has generated 19.93% jump in its revenue since last 3-months.

Net Profits:

Arista Networks Inc’s net profit jumped 51.91% since last year same period to $299.1Mn in the Q2 2022. On a quarterly growth basis, Arista Networks Inc has generated 9.86% jump in its net profits since last 3-months.

Net Profit Margins:

Arista Networks Inc’s net profit margin jumped 2.15% since last year same period to 28.43% in the Q2 2022. On a quarterly growth basis, Arista Networks Inc has generated -8.4% fall in its net profit margins since last 3-months.

PE Ratio:

Arista Networks Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 44.72.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
0.91
EPS Estimate Current Year
0.91

Highlights

EPS Estimate Current Quarter:

Arista Networks Inc’s earning per share (EPS) estimates for the current quarter stand at 0.91 - a 12.35% 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 0.91.

Key Ratios

Key ratios of the Arista Networks Inc post its Q2 2022 earnings

Earning Per Share (EPS)
1.08
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.27
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Arista Networks Inc’s earning per share (EPS) jumped 58.82% since last year same period to 1.08 in the Q2 2022. This indicates that the Arista Networks Inc has generated 58.82% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.13.

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 0.27.

Dividend Per Share (DPS):

Arista Networks Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-02
0.91
1.08
18.68%
2022-05-03
0.81
0.84
3.7%

Company Information

Arista Networks is an industry leader in software-driven cloud networking solutions for large data center and campus environments. Arista's award-winning platforms deliver availability, agility, automation analytics and security through CloudVision® and Arista EOS®, an advanced network operating system.

Organisation
Arista Networks Inc
Headquarters
Santa Clara, California, US
Employees
2.61K
Industry
Electronic Technology
CEO
Jayshree Ullal