HomeBusinessFinance Sector Stock NewsCisco (CSCO) & Tapestry (TPR) Earnings Just Released

Cisco (CSCO) & Tapestry (TPR) Earnings Just Released

Cisco's (CSCO) earnings were released yesterday, August 16th, postmarket. Its adjusted EPS came in at $1.14 versus an estimated $1.06 and its revenue came in at $15.20B versus an estimated $15.05B. CSCO's 4Q product sales came in at $11.65B. CSCO sees FY24 adjusted EPS between $4.01-$4.08 versus an estimated $4.04. Renita Young discusses this, along with Tapestry's (TAPR) recent earnings. Its adjusted EPS came in at $0.95 versus an estimated $0.96 and revenue came in at $1.62B versus an estimated $1.67B. TAPR's Kate Spade net sales totaled $309.5M, which is down 10%. Tune in to find out more about the stock market today.

Morning Trade Live

17 Aug 2023

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