The financial performance of Cisco Systems, Inc. (NASDAQ:) for the fourth quarter which was shared after the trading day wraps up
The numbers has captured focus from both the investors and analysts, largely since the numbers outsmarted the wall street view
The establishment closed the quarter with a Non-GAAP income of $0.87 per share, dropped 52.63 when looking at the same quarter of preceding year.
Alongside, the revenues for the quarter summing into $13642 million, dropped 10.27 percent relative to the comparable quarter of previous year.
The results gone beyond the analysts forecasted $0.85 profit per share along with the revenue of $13537.25 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q4 2024 | $0.87 | -52.6% | 13.64 B | -10.3% |
| Q3 2024 | $0.88 | -12.0% | 12.70 B | -12.8% |
| Q2 2024 | $0.87 | -1.1% | 12.79 B | -5.9% |
| Q1 2024 | $1.11 | +29.1% | 14.67 B | +7.6% |
| Q4 2023 | $1.14 | +37.3% | 15.20 B | +16.0% |
*Growth on year-over-year basis
Looking ahead, The company has projected financial year 2025 earnings target falling between $3.52 and $3.58 per share, while they anticipate revenue ranging from $55 to $56.20 billion for the same period. At the same time financial analysts on Wall Street foresee earnings of $3.56 per share along with revenues of $55.68 billion
The firm has set revenue milestone falling in the range of $13.65 to $13.85 billion for Q1 2025, at the same time they count on reaching the same period earnings falling between $0.86 and $0.88 per share. In contrast financial analysts on Wall Street forecast earnings of $0.85 per share from revenues of $13.71 billion
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY 2025 | EPS | $3.52~$3.58 | $3.56 | -0.3% |
| REV | $55 B~$56.2 B | $55.68 B | -0.1% | |
| Q1 2025 | EPS | $0.86~$0.88 | $0.85 | 2.4% |
| REV | $13.65 B~$13.85 B | $13.71 B | 0.3% |
*Based on the outlook mid-point
Cisco Systems (CSCO) shares experienced a range of $45.04 to $45.74 on a day volume of 28.04 million shares. The stock closed Wednesday’s regular trading session at $45.44, demonstrating a 0.15 percent increase.
