Cisco Systems holds a Zacks Rank #2 (Buy), with consensus estimates pointing to earnings of $1.32 per share for the current quarter, a 32% increase from the year-ago quarter. The Zacks Consensus Estimate for the quarter has moved -1.1% over the last 30 days, while the $5.11 consensus estimate for the current fiscal year, up 18% year over year, has changed -0.2% over the same period. For the next fiscal year, the consensus estimate of $5.58 implies a 9.2% increase and has risen 0.3% over the past month. Revenue estimates stand at $18.08 billion for the current quarter, up 21.5% year over year, with $73.05 billion and $77.85 billion projected for the current and next fiscal years, changes of 15.4% and 6.6% respectively. In its last reported quarter, Cisco posted revenues of $17.25 billion, up 17.6% year over year, and EPS of $1.22 versus $0.99 a year earlier, beating the Zacks Consensus Estimate of $16.85 billion by 2.36% on revenue and by 4.27% on EPS, and the company has topped consensus EPS and revenue estimates in each of the trailing four quarters. Cisco is graded F on the Zacks Value Style Score, indicating it trades at a premium to its peers.
Cisco Systems IncCisco earns Zacks Rank #2 (Buy) with consensus EPS and revenue estimates pointing higher, including a 32% YoY quarterly EPS increase.
