Cisco Reports Third Quarter Earnings
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Cisco (CSCO) FVE Lowered to $34 at MKM Partners on 3Q Results; 'Soft Guidance Due to Weak Orders Across Major Geographies & Verticals'
May 18, 2017 11:23 AM EDTMKM Partners lowered its fair value estimate on Cisco (NASDAQ: CSCO) to $34.00 (from $35.00) while maintaining a Neutral rating, following the company's third quarter earnings announcement.
Analyst Michael Genovese notes the company delivered third quarter earnings per share and revenues results above consensus, despite... More
Cisco (CSCO) PT Lowered to $33 at Pacific Crest
May 18, 2017 8:51 AM EDTPacific Crest lowered its price target on Cisco (NASDAQ: CSCO) to $33.00 (from $34.00) while maintaining a Overweight rating following April quarter.
Despite some limited upside to consensus in switching and routing, and strong deferred revenue growth of 13% led by a shift in Cisco ONE... More
Cisco (CSCO) PT Lowered to $40 at Deutsche Bank Following Mixed 3Q
May 18, 2017 7:37 AM EDTDeutsche Bank lowered its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $42.00) while maintaining a Buy rating. CSCO reported a 3Q revenue miss with... More
Cisco (CSCO) PT Lowered to $29 at Instinet Following 3Q Report
May 18, 2017 7:17 AM EDTInstinet lowered its price target on Cisco (NASDAQ: CSCO) to $29.00 (from $30.00) while maintaining a Neutral rating. Cisco delivered $11.9bn in 3Q sales compared with the consensus estimate of $11.9bn. EPS of $0.60 came in ahead of consensus of $0.58.
4Q Guidance for a 4-6% sales... More
Cisco Systems (CSCO) Tops Q3 EPS by 2c, Sees Q4 Sales Down 4-6%
May 17, 2017 4:06 PM EDTCisco Systems (NASDAQ: CSCO) reported Q3 EPS of $0.60, $0.02 better than the analyst estimate of $0.58. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.9 billion.
Q3 Revenue: $11.9 billion -- Decrease of (1)% year over year -- Recurring revenue was 31%... More