The consensus estimate calls for Cisco to report earnings of 53 cents a share on revenue of $12.14 billion for the fourth quarter. For the full year, the consensus estimate calls for earnings of $2.04 a share on revenue of $46.96 billion. In the third quarter, Cisco reported EPS of 48 cents, short of analysts' expectation of 51 cents.
The stock was down 0.4% to $25.05 at 11:18 a.m.
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Separately, TheStreet Ratings team rates CISCO SYSTEMS INC as a "buy" with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate CISCO SYSTEMS INC (CSCO) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: