These Tech Stocks are Making Waves Before Earnings

Cisco Systems, Inc. (NASDAQ:CSCO) will unveil its latest earnings on Wednesday, November 9, 2011. The average estimate of analysts is for net income of 34 cents per share, a decline of 8.1% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 6.4% versus last year to $1.49.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting profit of 35 cents per share against a mean estimate of net income of 32 cents per share. Analysts are projecting a rise of 2.4% in revenue from the year-earlier quarter to $11.01 billion.

Competitors to Watch: Hewlett-Packard Company (NYSE:HPQ), Juniper Networks, Inc. (NYSE:JNPR), Alcatel-Lucent (NYSE:ALU), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), Extreme Networks, Inc (NASDAQ:EXTR), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Motorola Mobility Hldgs. Inc (NYSE:MMI), NetGear, Inc. (NASDAQ:NTGR), and ADTRAN, Inc. (NASDAQ:ADTN).

Computer Sciences Corp (NYSE:CSC) will unveil its latest earnings on Wednesday, November 9, 2011. The average estimate of analysts is for profit of 67 cents per share, a decline of 43.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 99 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 68 cents during the last month. Analysts are projecting profit to rise by 2.9% versus last year to $4.38.

The company has missed estimates in the last two quarters. In the first quarter, it missed the mark by 6 cents as a result of reporting net income of 64 cents against an estimate of profit of 70 cents per share. In the fourth quarter of the last fiscal year, the company fell short of forecasts by 27 cents. Analysts are projecting a rise of 1.3% in revenue from the year-earlier quarter to $4.03 billion.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ), SAVVIS, Inc. (NASDAQ:SVVS), Cognizant Tech. Solutions Corp. (NASDAQ:CTSH), TeleTech Holdings, Inc. (NASDAQ:TTEC), WidePoint Corporation (AMEX:WYY), Syntel, Inc. (NASDAQ:SYNT), Rackspace Hosting, Inc. (NYSE:RAX), Unisys Corporation (NYSE:UIS), and Zanett, Inc. (NASDAQ:ZANE).

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