Analysts project Cisco Systems (CSCO) to report quarterly earnings of $1.02 per share, up 8.5% year over year, with revenues expected to reach $15.12 billion, an 8.1% increase from the same quarter last year. No revisions in EPS estimate over the past 30 days show analysts have reaffirmed their projections.

Earnings estimate revisions are crucial ahead of a company’s earnings disclosure. These revisions can predict investor reactions, as studies show a strong link between earnings estimate trends and short-term stock performance. Analyzing key metrics projections alongside consensus estimates provides deeper insights into a company’s performance.

Analysts predict specific metrics for Cisco, with Revenue-Product-Networking expected to reach $7.74 billion (+13% YoY) and Revenue-Product-Observability at $298.26 million (+7.7% YoY). Additionally, Revenue-Services is estimated at $3.85 billion (+2.6% YoY), and Revenue-Product-Security at $2.15 billion (+2% YoY).

Further estimates indicate Revenue-Product at $11.26 billion (+10.1% YoY) and Revenue-Product-Collaboration at $984.25 million (-1.2% YoY). Non-Gaap Gross Margin forecasts include Service at $2.73 billion and Product at $7.56 billion, showing positive changes from the previous year.

In the past month, Cisco shares have seen returns of +11.4% compared to the Zacks S&P 500 composite’s -1.5% change, holding a Zacks Rank #3 (Hold) status. Analysts expect CSCO to align with the market’s performance ahead, making it a stock to watch for potential growth opportunities.

Read more at Nasdaq: Countdown to Cisco (CSCO) Q2 Earnings: Wall Street Forecasts for Key Metrics