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Fly News Breaks for July 31, 2015
ANET
Jul 31, 2015 | 07:35 EDT
Wells Fargo expects Arista's Q2 results to beat expectations, and it predicts that the company's Q3 guidance will come in slightly above consensus levels. The firm thinks the company's Q2 results were boosted by strength in the data center switch market. The firm believes that the company could provide Q3 guidance that is slightly above consensus levels but conservative. It keeps an Outperform rating.
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.
