Cisco Sees Q1 Adj. EPS $1.02-$1.04 vs $0.99 Est., Revenue $14.5B-$14.7B vs $14.62B Est.
Portfolio Pulse from Benzinga Newsdesk
Cisco has projected its Q1 adjusted EPS to be between $1.02 and $1.04, which is higher than the estimated $0.99. The company also expects its revenue to be between $14.5B and $14.7B, compared to the estimated $14.62B.
August 16, 2023 | 8:06 pm
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POSITIVE IMPACT
Cisco's Q1 adjusted EPS and revenue projections are higher than estimates, which could positively impact the company's stock.
Cisco's higher than expected Q1 earnings and revenue projections indicate strong financial performance, which is likely to boost investor confidence and drive the company's stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100