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Market Impact: 0.35

Cisco Systems (CSCO) Beats Q3 Earnings and Revenue Estimates

CSCO
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Cisco Systems reported quarterly EPS of $1.06, above the $1.04 Zacks Consensus Estimate and up from $0.96 a year ago. The 2-cent beat and year-over-year earnings improvement point to solid underlying fundamentals. The update is positive for the stock, though the news is limited to headline earnings and is unlikely to have broad market impact.

Analysis

Cisco Systems reported quarterly EPS of $1.06, above the $1.04 Zacks Consensus Estimate and up from $0.96 a year ago. The 2-cent beat and year-over-year earnings improvement point to solid underlying fundamentals. The update is positive for the stock, though the news is limited to headline earnings and is unlikely to have broad market impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.34

Ticker Sentiment

CSCO0.58