Cisco (NASDAQ: CSCO) reported third quarter earnings that beat analyst estimates by $0.03. Revenue for the quarter came in at $14.6B, topping the consensus estimate of $14.4B. The company also provided guidance for Q4 2023 EPS of $1.05-$1.07, versus the analyst consensus of $1.04.
Cisco’s stock price closed at $47.63, down -6.18% in the last 3 months and down -1.51% in the last 12 months. The company saw 20 positive EPS revisions and 0 negative EPS revisions in the last 90 days. According to InvestingPro, Cisco’s Financial Health score is “good performance”.
Investors can stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar.