Cisco Reports Third Quarter Earnings
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Go back to Cisco Reports Third Quarter Earnings
May 18, 2017 11:23 AM EDT
MKM Partners lowered its fair value estimate on Cisco (NASDAQ: CSCO) to $34.00 (from $35.00) while maintaining a Neutral rating, following the company's third quarter earnings announcement.
Analyst Michael Genovese notes the company delivered third quarter earnings per share and revenues results above consensus, despite... More
May 18, 2017 8:51 AM EDT
Pacific Crest lowered its price target on Cisco (NASDAQ: CSCO) to $33.00 (from $34.00) while maintaining a Overweight rating following April quarter.
Despite some limited upside to consensus in switching and routing, and strong deferred revenue growth of 13% led by a shift in Cisco ONE... More
May 18, 2017 7:37 AM EDT
Deutsche Bank lowered its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $42.00) while maintaining a Buy rating. CSCO reported a 3Q revenue miss with... More
May 18, 2017 7:17 AM EDT
Instinet lowered its price target on Cisco (NASDAQ: CSCO) to $29.00 (from $30.00) while maintaining a Neutral rating. Cisco delivered $11.9bn in 3Q sales compared with the consensus estimate of $11.9bn. EPS of $0.60 came in ahead of consensus of $0.58.
4Q Guidance for a 4-6% sales... More
May 17, 2017 4:06 PM EDT
Cisco Systems (NASDAQ: CSCO) reported Q3 EPS of $0.60, $0.02 better than the analyst estimate of $0.58. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.9 billion.
Q3 Revenue: $11.9 billion -- Decrease of (1)% year over year -- Recurring revenue was 31%...
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