International Markets and Cisco (CSCO): A Deep Dive for Investors
From NASDAQ.: 2024-11-18 09:15:04
Cisco Systems’ international revenue trends are crucial for understanding its resilience and growth potential. In the latest quarter, EMEA generated $3.59 billion, accounting for 25.92% of total revenue. APJC contributed $2 billion, representing 14.46%. Analysts project a total revenue of $13.86 billion for the current quarter, with EMEA and APJC expected to contribute 26% and 14.2% respectively.
Cisco’s stock value has increased by 1.2% in the past four weeks, outperforming the Zacks S&P 500 composite. The Computer and Technology sector, including Cisco, saw a 0.6% increase. Over the last three months, Cisco’s shares rose by 13.2%, compared to the S&P 500’s 6.2% increase. The sector overall increased by 3.9% during the same period.
Investors should keep an eye on Cisco’s international revenue trends as they impact the company’s future outlook. Wall Street analysts closely monitor these trends, especially for firms with overseas operations, to adjust their earnings predictions. Cisco currently holds a Zacks Rank #3 (Hold). To access all Zacks picks for $1 and explore various portfolio services, visit the link provided.
For more information and stock analysis reports, visit Zacks Investment Research’s website. Remember, the author’s views do not necessarily reflect those of Nasdaq, Inc.
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