Cisco Systems Exceeds Consensus Estimates with Q1 2027 Earnings Guidance

Cisco Systems (NASDAQ:CSCO) has released its Q1 2027 earnings guidance. The company's projected earnings per share are between $1.320 and $1.340, exceeding the consensus estimate of $1.110. Additionally, Cisco Systems' revenue is expected to range from $18.0 billion to $18.2 billion, surpassing the estimated revenue of $16.7 billion.

The company has also updated its full-year FY 2027 guidance to a range of $5.050 to $5.110 EPS. Analysts expect Cisco Systems to post earnings per share of $3.54 for the current year. The firm's market capitalization stands at $488.26 billion, with a price-to-earnings ratio of 40.22 and a beta of 1.02.

Cisco Systems has a history of beating consensus estimates, having reported $1.22 EPS in its previous quarter, exceeding the estimated $1.17 by $0.05. The company's FY 2027 guidance represents a significant increase from the previous year's guidance, indicating potential for continued growth.