Estimates

Glossary

Analyst Ratings 1-Strong Buy 3 2-Buy 5 3-Hold 1 4-Underperform 0 5-Sell 0 Mean Recommendation: 1.8 Sell Strong Buy

Analyst Forecasts -
							Last Month Revisions
Fiscal Period		Mean	High	Low	Median	# of Estimates	#Up	#Down	Mean % Change
Annual	Dec 19	3.26	3.28	3.23	3.26	2	2	0	1.54
Annual	Dec 18	2.97	3.10	2.76	3.00	8	1	0	0.00
Annual	Dec 17	2.53	2.60	2.50	2.51	7	0	1	0.00
Quarterly	Sep 17	0.69	0.70	0.68	0.69	7	0	1	0.00
Quarterly	Dec 17	0.80	0.88	0.77	0.79	8	2	4	-0.23
Quarterly	Mar 18	0.61	0.70	0.50	0.62	6	3	1	1.06
Quarterly	Jun 18	0.72	0.79	0.65	0.72	6	2	0	-1.16
Long Term Growth		19.50	19.50	19.50	19.50	1	0	0	0.00

Actuals -
		Reported EPS	Mean Estimate	Surprise % Change
Annual	Dec 16	2.86	2.77	3.08
Annual	Dec 15	2.16	1.99	8.65
Annual	Dec 14	2.76	2.59	6.61
Quarterly	Jun 17	0.63	0.57	10.31
Quarterly	Mar 17	0.40	0.38	5.61
Quarterly	Dec 16	0.79	0.70	12.50
Quarterly	Sep 16	0.77	0.76	1.82

ARRIS is followed by the analysts listed under the link “Click here” above. Please note that any opinions, estimates or forecasts regarding ARRIS's performance made by these analysts are theirs alone, do not represent opinions, forecasts or predictions of ARRIS or its management and have not been reviewed or reported on in accordance with the requirements of Rule 28.1(a). ARRIS does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. Note: Jefferies’ forecasts as of 02/19/15 have been excluded from the calculation of the consensus forecasts as Jefferies are acting as corporate broker to Pace plc.

Data Provided by Thomson Reuters