- Cisco beat expectations on the top and bottom lines for last quarter.
- Cisco shares are up just 5% in the past year, way below the 22% for the S&P 500.
- Earnings: 77 cents per share, excluding certain items, vs. 76 cents per share as expected by analysts, according to Refinitiv.
- Revenue: $12.01 billion, vs. $11.98 billion as expected by analysts, according to Refinitiv.
2 replies (most recent on top)
It's all about the guidance. Share price=net present value of future earnings. Lower guidance=lower share price.
cause it was priced in already