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Stay Ahead of the Game With Cisco (CSCO) Q4 Earnings: Wall Street's Insights on Key Metrics
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Analysts on Wall Street project that Cisco Systems (CSCO - Free Report) will announce quarterly earnings of $1.17 per share in its forthcoming report, representing an increase of 18.2% year over year. Revenues are projected to reach $16.85 billion, increasing 14.9% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Cisco metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Product' of $13.06 billion. The estimate indicates a year-over-year change of +20%.
According to the collective judgment of analysts, 'Revenue- Services' should come in at $3.79 billion. The estimate suggests a change of 0% year over year.
Analysts predict that the 'Revenue- Product- Security' will reach $2.04 billion. The estimate indicates a year-over-year change of +4.7%.
The consensus estimate for 'Revenue- Product- Observability' stands at $276.94 million. The estimate points to a change of +6.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Product- Networking' should arrive at $9.70 billion. The estimate suggests a change of +27.1% year over year.
Analysts' assessment points toward 'Revenue- Product- Collaboration' reaching $1.04 billion. The estimate points to a change of +0.3% from the year-ago quarter.
The combined assessment of analysts suggests that 'Non-Gaap Gross Margin- Service' will likely reach $2.69 billion. The estimate compares to the year-ago value of $2.68 billion.
The average prediction of analysts places 'Non-Gaap Gross Margin- Product' at $8.42 billion. Compared to the current estimate, the company reported $7.35 billion in the same quarter of the previous year.
Shares of Cisco have demonstrated returns of +2.2% over the past month compared to the Zacks S&P 500 composite's +2.3% change. With a Zacks Rank #3 (Hold), CSCO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Cisco (CSCO) Q4 Earnings: Wall Street's Insights on Key Metrics
Analysts on Wall Street project that Cisco Systems (CSCO - Free Report) will announce quarterly earnings of $1.17 per share in its forthcoming report, representing an increase of 18.2% year over year. Revenues are projected to reach $16.85 billion, increasing 14.9% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Cisco metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Product' of $13.06 billion. The estimate indicates a year-over-year change of +20%.
According to the collective judgment of analysts, 'Revenue- Services' should come in at $3.79 billion. The estimate suggests a change of 0% year over year.
Analysts predict that the 'Revenue- Product- Security' will reach $2.04 billion. The estimate indicates a year-over-year change of +4.7%.
The consensus estimate for 'Revenue- Product- Observability' stands at $276.94 million. The estimate points to a change of +6.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Product- Networking' should arrive at $9.70 billion. The estimate suggests a change of +27.1% year over year.
Analysts' assessment points toward 'Revenue- Product- Collaboration' reaching $1.04 billion. The estimate points to a change of +0.3% from the year-ago quarter.
The combined assessment of analysts suggests that 'Non-Gaap Gross Margin- Service' will likely reach $2.69 billion. The estimate compares to the year-ago value of $2.68 billion.
The average prediction of analysts places 'Non-Gaap Gross Margin- Product' at $8.42 billion. Compared to the current estimate, the company reported $7.35 billion in the same quarter of the previous year.
View all Key Company Metrics for Cisco here>>>Shares of Cisco have demonstrated returns of +2.2% over the past month compared to the Zacks S&P 500 composite's +2.3% change. With a Zacks Rank #3 (Hold), CSCO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .