Cisco Systems Q2 2024 Adj EPS $0.87 Beats $0.84 Estimate, Sales $12.8B Beat $12.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cisco Systems reported its Q2 2024 adjusted earnings per share (EPS) at $0.87, surpassing the estimated $0.84. However, its sales of $12.80 billion fell short of the expected $12.71 billion.

February 14, 2024 | 9:06 pm
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Cisco Systems exceeded EPS estimates for Q2 2024 but missed on sales forecasts.
While Cisco Systems surpassed EPS expectations, indicating operational efficiency and profitability, the miss on sales forecasts could raise concerns about growth and market demand. The mixed results present a neutral outlook, as the positive EPS beat may offset concerns from the sales miss in the short term.
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