Arista(ANET) Zacks Investment Research·2024-05-06 22:06Big Tech Quarterly Results - Most big tech companies, excluding Nvidia, have reported Q1 results [1] - Nvidia's earnings release is scheduled later in the month [1] - Two cloud leaders, Arista Networks and Twilio, are set to report Q1 results on May 7 [1] Arista Networks (ANET) - Arista Networks' stock has grown over +100% in the last year and +18% year-to-date [2] - The company has surpassed Zacks EPS Consensus in every quarter since its IPO in 2014 [2] - Q1 earnings are projected to soar 21% to 1 43 in the comparative quarter [2] - Zacks Expected Surprise Prediction (ESP) indicates Q1 EPS could reach 1 55 billion [2] - Arista Networks has surpassed top-line expectations for 17 consecutive quarters since February 2020 [2] Twilio (TWLO) - Twilio has surpassed earnings expectations for 20 consecutive quarters [4] - Q1 EPS is expected to climb 27% to 0 47 in the comparative quarter [4] - Q1 sales are expected to be up 2% to $1 03 billion [4] - Twilio has surpassed sales estimates in every quarter since its IPO in 2016 [4] - Over the last year, Twilio's stock is up +16% despite dipping -16% in 2024 [4] Investment Considerations - Arista Networks and Twilio are ideal stocks for investors seeking steady growth [5] - Both companies have a long track record of exceeding expectations [5] - Their consistency makes them attractive ahead of earnings reports [5] - Favorable guidance could lead to stock price increases [5]