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via finance.yahoo.comBusiness & Companies

Arista Networks shares jump on upbeat Q3 results, strong guidance

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Arista Networks Inc. shares rose more than 6% in after-hours trading Tuesday following the release of third-quarter results that exceeded Wall Street expectations. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above estimates, plus Q4 guidance above consensus, can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Arista Networks reported earnings per share of $1.20 against estimates of $1.08.
  2. 02Third-quarter revenue reached $3.66 billion, above the consensus of $3.33 billion.
  3. 03For the fourth quarter the company projects EPS between $1.26 and $1.30.
  4. 04The shares rose more than 6% in after-hours trading on Tuesday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Arista Networks, Inc.ANETStock169.91 USDMarket closedtoday +3.52%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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