Cisco Systems Q4 EPS $1.14 Beats $1.06 Estimate, Sales $15.20B Beat $15.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cisco Systems reported Q4 earnings of $1.14 per share, beating the analyst consensus estimate of $1.06 by 7.55%. This is a 37.35% increase from the same period last year. The company also reported quarterly sales of $15.20 billion, beating the analyst consensus estimate of $15.05 billion by 1.00%. This is a 16.01% increase from the same period last year.
August 16, 2023 | 8:05 pm
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POSITIVE IMPACT
Cisco Systems' Q4 earnings and sales beat estimates, showing significant YoY growth. This positive financial performance may boost investor confidence and positively impact the stock price in the short term.
Cisco Systems reported better than expected Q4 earnings and sales, with significant YoY growth. This indicates strong financial performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100