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Cisco Systems Inc. Q3 adjusted earnings Beat Estimates


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(RTTNews.com) - Cisco Systems Inc. ( CSCO ) reported a profit for its third quarter that increased from the same period last year.

The company's bottom line came in at $2.69 billion, or $0.56 per share. This compares with $2.52 billion, or $0.50 per share, in last year's third quarter.

Excluding items, Cisco Systems Inc. reported adjusted earnings of $3.20 billion or $0.66 per share for the period.


Analysts had expected the company to earn $0.65	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.4% to $12.46 billion from $11.94 billion last year.

Cisco Systems Inc. earnings at a glance:

-Earnings (Q3): $3.20 Bln. vs. $3.03 Bln. last year. -EPS (Q3): $0.66 vs. $0.60 last year. -Analysts Estimate: $0.65

-Revenue (Q3): $12.46 Bln vs. $11.94 Bln last year.

<b>-Guidance</b>:

Next quarter EPS guidance: $0.68 to $0.70



Read the original article on RTTNews (http://www.rttnews.com/2895979/cisco-systems-inc-q3-adjusted-earnings-beat-estimates.aspx)


For comments and feedback: contact editorial@rttnews.com




This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: CSCO ,


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