Should You Stay Away From Cisco (CSCO) Ahead of Q3 Earnings?
Cisco Systems(CSCO) Zacks Investment Research·2024-05-13 21:36
Cisco Systems (CSCO) is set to release its third-quarter fiscal 2024 results on May 15.The company anticipates third-quarter fiscal 2024 revenues to be between $12.1 billion and $12.3 billion. Non-GAAP earnings are expected between 84 and 86 cents per share.The Zacks Consensus Estimate for revenues is pegged at $12.47 billion, indicating a decline of 14.4% from the year-ago quarter’s reported figure.The consensus mark for earnings has decreased by a couple of cents in the past 30 days to 83 cents per share. ...