Earnings Preview for Cisco Systems

Cisco Systems (NASDAQ:CSCO) announces its next round of earnings this Wednesday, August 12. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

Earnings and Revenue

Based on Cisco Systems management projections, analysts predict EPS of $0.74 on revenue of $12.08 billion. Cisco Systems EPS in the same period a year ago totaled $0.83. Sales were $13.43 billion. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be down 10.84%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 0.71 0.76 0.81 0.82
EPS Actual 0.79 0.77 0.84 0.83
Revenue Estimate 11.88 B 11.98 B 13.08 B 13.39 B
Revenue Actual 11.98 B 12.01 B 13.16 B 13.43 B

Stock Performance

Over the past 52-week period, shares of Cisco Systems have declined 4.82%.

Don't be surprised to see the stock move on comments made during its conference call. Cisco Systems is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/jqqf42qq

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