Cisco Q3 Revenue of $14.88B Tops Estimates by 0.8%, Q4 Guidance Exceeds Forecasts
Cisco delivered $14.88 billion in Q3 revenue, exceeding consensus by 0.8% and rising 7.5% year-on-year while issuing next-quarter revenue guidance above analysts’ forecasts. For Q4, analysts project 8% revenue growth to $15.12 billion and $1.02 adjusted EPS, after two years of 0.7% average revenue beats.
1. Q3 Performance Exceeds Expectations
Cisco reported Q3 revenue of $14.88 billion, up 7.5% year-on-year and 0.8% above analyst estimates. The company also beat EPS forecasts and signaled strength in both product and service segments.
2. Q4 Forecast Reflects Continued Growth
Analysts expect Cisco’s Q4 revenue to total $15.12 billion, an 8% increase from a year earlier, and adjusted earnings per share of $1.02. This forecast represents a slight deceleration from last year’s 9.4% growth rate.
3. Track Record of Estimate Beats
Over the past two years, Cisco has surpassed revenue estimates in every quarter by an average of 0.7%, reinforcing market confidence in its forecasting accuracy and execution.
4. Peer Results and Stock Momentum
Within the IT services and tech group, peers showed mixed Q4 results—Applied Digital grew revenue 98.2% and Amdocs rose 4.1%. Cisco’s shares have gained 17.2% over the past month against a 2.8% sector decline, supported by an $87.19 average analyst price target.