Cisco on the Brink: Is a Resurgence for Old Tech in Sight With Upcoming Earnings?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

Nasdaq 100 News

S&P 500,Intel Corporation,Cisco Systems Inc

Stocks Analysis by Brian Gilmartin covering: Nasdaq 100, S&P 500, Intel Corporation, Cisco Systems Inc. Read Brian Gilmartin's latest article on Investing.com

) reports its fiscal Q1 2025 financial results after the closing bell on Wednesday, November 13 2024, with analyst consensus estimates expecting the following:EPS: $0.87 per share, for -22% y-o-y growth

In terms of “forward, expected growth” here’s how the next 3 fiscal years annual estimates look for the 1990’s telco networking stalwart:For a stock trading at 15x – 16x EPS, that is expected to “average” 3% revenue growth and 4% EPS growth over the next 3 years, the most compelling investment case you can make for the stock is that it’s NOT a mega-cap 7 name, and there are such low expectations around Cisco, it becomes a “it’s so bad, it’s good” scenario.

The numerous smaller acquisitions never worked, or seemed to work in terms of adding accretive revenue growth, and in fact Cisco’s acquisition strategy seemed to do nothing but dilute shareholders for the last 25 years.) acquisition looks more interesting, but in fiscal Q4 2024 , Splunk was below the midpoint of the revenue guidance which may not be a good sign this early into the integration.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JPMorgan, Bank of America, Citi Shares: Playing Offense and Defense Post EarningsStocks Analysis by Brian Gilmartin covering: Citigroup Inc, Bank of America Corp, Intel Corporation, Cisco Systems Inc. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Tesla Earnings Preview: Low Expectations Are Probably a Good ThingStocks Analysis by Brian Gilmartin covering: Tesla Inc. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Netflix Earnings: Could Stock Put in a Big Double-Top on the Weekly Chart?Stocks Analysis by Brian Gilmartin covering: S&P 500, Netflix Inc. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Upside/Downside Potential in Big Tech With Earnings a Week Ahead of the ElectionStocks Analysis by Brian Gilmartin covering: S&P 500, Boeing Co, Microsoft Corporation, Coca-Cola Co. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Magnificent 7 Earnings Preview: Here's What to Expect From Tech Giants This WeekStocks Analysis by Brian Gilmartin covering: S&P 500, Microsoft Corporation, Alphabet Inc Class A, Apple Inc. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Microsoft Earnings Preview: Another Case of Low Expectations for a MegaCap NameStocks Analysis by Brian Gilmartin covering: Microsoft Corporation. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »