Aug. 14 at 2:39 PM
$CSCO beats Q4 earnings & revenue estimates, but forecasts disappoint! 📉
Earnings hit 99 cents/share, topping the Zacks Consensus Estimate of 97 cents, and revenue rose 8% year over year. Yet, fiscal 2026 projections, although above consensus, have investors wary, impacting ETFs like
$IYZ,
$CIBR, and
$VLUE.
Full breakdown here 👉 https://www.zacks.com/stock/news/2712489/etfs-in-focus-as-cisco-beats-on-q4-earnings-offers-weak-outlook?cid=sm-stocktwits-2-2712489-body-7883&ADID=SYND_STOCKTWITS_TWEET_2_2712489_BODY_7883