Cisco Systems is expected to report earnings of $0.74 per share on Feb. 12.
From Nasdaq: 2025-01-24 13:43:49
Cisco Systems, Inc. is set to announce its fiscal second-quarter earnings for 2025 on Feb. 12. Analysts predict a profit of $0.74 per share, up 2.8% from the year-ago quarter. Despite challenges like decreased networking revenues, the company has consistently beaten EPS estimates. CSCO stock has outperformed the XLK but underperformed the S&P 500.
In its Q1 results, Cisco reported adjusted EPS of $0.91, exceeding expectations, with revenue of $13.84 billion. Full-year adjusted EPS is projected to be between $3.60 to $3.66, with revenue expected to range from $55.3 billion to $56.3 billion. Analysts hold a moderately bullish consensus on CSCO stock with a target price of $63.89.
Read more at Nasdaq: Here’s What to Expect From Cisco Systems’ Next Earnings Report
