Cisco Systems Inc. (NASDAQ: CSCO) is scheduled to report its fiscal fourth-quarter earnings on Wednesday. Thomson Reuters Consensus estimates call for $ 0.56 earnings per share (EPS) of $ 12.65 billion in revenue. In the same period last year, the networking giant posted an EPS of $ 0.55 and $ 12.36 billion in revenue.
First, 24/7 Wall St. has selected Cisco as October 1 Stocks in possession for the next decade.
This company needs storage, and for years the same talk Wall Street is the company that the networking giant might consider taking a shot at. Some also believe that the company also focuses on software and cyber security and FireEye said was being examined in the spring, the rumor that Cisco denied. However, Cisco is now under a new CEO and the company has shifted.
This is the first mega-cap technology picks stocks on Wall Street, and perhaps a surprising defensive option. Cisco Systems is trading at an estimated price of 12.9 2015 earnings. The networking giant also seems to have fought for many headwinds, including up and down the demand for telecom operators, weak markets and threats to their gainful switching.
First, 24/7 Wall St. has selected Cisco as October 1 Stocks in possession for the next decade.
This company needs storage, and for years the same talk Wall Street is the company that the networking giant might consider taking a shot at. Some also believe that the company also focuses on software and cyber security and FireEye said was being examined in the spring, the rumor that Cisco denied. However, Cisco is now under a new CEO and the company has shifted.
This is the first mega-cap technology picks stocks on Wall Street, and perhaps a surprising defensive option. Cisco Systems is trading at an estimated price of 12.9 2015 earnings. The networking giant also seems to have fought for many headwinds, including up and down the demand for telecom operators, weak markets and threats to their gainful switching.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.