Core Viewpoint - Arista Networks reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, and showing an increase from $0.50 per share a year ago, indicating a strong performance in the cloud networking sector [1][2]. Financial Performance - The company achieved revenues of $2 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.30%, and up from $1.57 billion in the same quarter last year [2]. - Over the last four quarters, Arista Networks has consistently exceeded consensus EPS estimates and revenue expectations [2]. Stock Performance - Arista Networks shares have declined approximately 18.2% since the beginning of the year, contrasting with the S&P 500's decline of 3.9% [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.60 on revenues of $2.02 billion, while for the current fiscal year, the estimate is $2.47 on revenues of $8.28 billion [7]. - The trend of earnings estimate revisions is mixed, which may influence future stock performance [6]. Industry Context - The Internet - Software industry, to which Arista Networks belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8].
Arista Networks (ANET) Q1 Earnings and Revenues Beat Estimates