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Cisco Systems Beats Earnings Consensus with Upbeat Guidance

Guavy AI Editorial Team
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CSCO
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Cisco Systems (NASDAQ:CSCO) has issued an update on its FY 2027 earnings guidance, providing EPS guidance of $5.050-$5.110 for the period, compared to the consensus EPS estimate of $4.640.

The company also updated its Q1 2027 guidance to $1.320-$1.340 EPS and provided revenue guidance of $72.2 billion-$73.4 billion, surpassing the consensus revenue estimate of $68.6 billion.

Shares of CSCO traded up 2.9% on Wednesday, reaching $123.88, with 31,447,182 shares exchanged compared to its average volume of 23,437,350.

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