finance Earnings, Revenue beat in Q3

© Reuters. Earnings, Revenue beat in Q3 – (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations. announced earnings per share of $1.27 on revenue of $6.86B. Analysts polled by anticipated EPS of $0.9219 on revenue of $6.8B. shares are up 28.25% from the beginning of the year and are trading at $270.00 , down-from-52-week-high.They are outperforming the Jones which is up 12.67% from the start of the year. shares lost 5.40% in after-hours trade the report. follows other major Information Technology sector earnings this month’s report follows an earnings beat by NVIDIA on November 17, who reported EPS of $1.17 on revenue of $7.1B, compared to forecasts EPS of $1.11 on revenue of $6.82B.

Cisco had beat expectations on November 17 with first quarter EPS of $0.82 on revenue of $12.9B, compared to forecast for EPS of $0.8042 on revenue of $12.98B.

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