What Analysts Are Saying About Cisco After Earnings
Cisco Systems Inc. (NASDAQ: CSCO) released fiscal fourth-quarter financial results after markets closed Wednesday. While analysts were fairly positive, the weaker-than-expected guidance did pull targets down.
24/7 Wall St. has included some highlights from the earnings report, as well as what analysts are saying after the fact.
Cisco said that it had $0.80 in earnings per share (EPS) and $12.2 billion in revenue, which compared with consensus estimates of $0.74 in EPS and revenue of $12.08 bil…