Cisco Systems Earnings Preview: Can This Streak Continue?
Cisco Systems (NASDAQ:CSCO) will report earnings after markets close on Wednesday, May 15th. Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
Here is your Cheat Sheet to Cisco Systems Earnings:
Earnings Expectations: Analysts expect earnings of $0.49 per share on revenues of $12.19 billion. Currently, the company’s P/E ratio stands at 11.91.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.51 and has not changed. For the current year, the average estimate is a profit of $1.99, which is better than the estimate ninety days ago.
Here’s how Cisco Systems has been performing on an annual basis:
|Revenue ($) in millions||39,540||36,120||40,040||43,220||46,060|
|Diluted EPS ($)||1.31||1.05||1.33||1.17||1.49|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||11,530||11,590||11,690||11,880||12,100|
|Diluted EPS ($)||0.40||0.40||0.3575||0.39||0.59|
Cisco Systems has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)