Cisco Systems Crushes Earnings Estimates with Strong Q2 Results

Cisco Systems (NASDAQ:CSCO) has released its quarterly earnings data, exceeding expectations with $1.22 earnings per share for the quarter. This beats the consensus estimate of $1.17 by $0.05.

The network equipment provider reported revenue of $17.25 billion for the quarter, surpassing analyst estimates of $16.82 billion. Cisco Systems also updated its FY 2027 guidance to 5.050-5.110 EPS and its Q1 2027 guidance to 1.320-1.340 EPS.

The company's net margin stands at 20.14% and return on equity is 28.44%. Cisco Systems has a market cap of $488.26 billion, with a P/E ratio of 40.22 and a beta of 1.02.