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Fly News Breaks for May 14, 2015
ANET
May 14, 2015 | 14:19 EDT
Wells Fargo expects Arista to report stronger than expected Q1 results, as the firm's checks showed strength in the company's data center switching market. The firm expects the company to provide in-line Q2 guidance, given the strong sequential growth reflected by the consensus outlook and Arista's desire to guide conservatively due to its CFO transition. Wells keeps an Outperform rating on the shares.
News For ANET From the Last 2 Days
ANET
Apr 24, 2024 | 10:26 EDT
Bullish option flow detected in Arista Networks with 2,900 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 56.57%. Nov-24 270 calls and 4/26 weekly 275 calls are the most active options, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 0.64. Earnings are expected on May 7th.
