Cisco Systems (CSCO) Surpasses Q3 Earnings and Revenue Estimates

Group 1: Earnings Performance - Cisco Systems reported quarterly earnings of $0.96 per share, exceeding the Zacks Consensus Estimate of$ 0.91 per share, and up from $0.88 per share a year ago, representing an earnings surprise of 5.49% [1] - The company posted revenues of$ 14.15 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.65%, and an increase from year-ago revenues of $12.7 billion [2] Group 2: Stock Performance and Outlook - Cisco shares have increased approximately 4.4% since the beginning of the year, compared to the S&P 500's gain of 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.96 on revenues of $14.54 billion, and for the current fiscal year, it is$ 3.73 on revenues of $56.44 billion [7] Group 3: Industry Context - The Computer - Networking industry, to which Cisco belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges in outperforming the market [8]