The options market is pricing a ±9.7% (±$16.54) move for ANET's 2026-08-04 · after close report. Over its last 8 reports, ANET has actually moved ±9.2% on average (biggest: ±17.5%). That's a 0.96× realized-vs-implied ratio, so the options look fairly priced — ANET's typical move is roughly in line with what's implied. It has exceeded the implied move in 63% of those prints, beaten EPS estimates 38% of the time (8 quarters), and the 1-day reaction has been negative 38% of the time (avg -0.9%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-05-05 | 0.81 | 0.80 | miss | ±8% | -13.6% | -16.3% |
| 2026-02-12 | 0.75 | 0.74 | miss | ±8.7% | +4.8% | +1.6% |
| 2025-11-04 | 0.72 | 0.67 | miss | ±8.2% | -8.6% | -12.1% |
| 2025-08-05 | 0.65 | 0.67 | beat | ±7.8% | +17.5% | +19.6% |
| 2025-05-06 | 0.59 | 0.63 | beat | ±8.3% | -4.8% | +7.1% |
| 2025-02-18 | 0.57 | 0.59 | beat | ±8.5% | -6.4% | -16.4% |
| 2024-11-07 | 0.52 | 0.14 | miss | ±7% | -7.1% | -10.5% |
| 2024-07-30 | 0.49 | 0.47 | miss | ±8.5% | +11.3% | +3.9% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
ANET is scheduled to report on 2026-08-04, after the close. Dates can shift until the company confirms.
The options market is pricing an expected move of about ±9.7% (±$16.54) for ANET's upcoming report — the size of the move the ATM straddle is pricing in.
Over its last 8 reports, ANET has beaten EPS estimates 38% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, ANET moved ±9.2% on average versus a ±9.7% implied move — a 0.96× ratio, so the options have been fairly priced. It exceeded the implied move 63% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See ANET's positioning too: ANET gamma exposure → · ANET options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
