Cisco Systems, Inc. (CSCO) is a $81.51 billion market cap company that trades an average of 64.68 million shares per day. On average, analysts are expecting $0.39 per share, a drop of $-0.03 in earnings per share compared to last quarter's results of $0.42. The company was founded in 1984 and is headquartered in San Jose, California.
Time Released: After Closing Bell
Industry: Communications Equipment
Recent Price: $14.98
52 Week High: $24.87
52 Week Low: $14.78
Book Value: $8.57
The estimated mean earnings are $0.39 per share. Analyst estimates range between $0.31 and $0.42 per share. As can be seen below in the chart, Cisco has a history of beating estimates.
The company has rising revenue year-over-year of $40.04 billion for 2010 vs. $36.12 billion for 2009. The bottom line has rising earnings year-over-year of $7.00 million for 2010 vs. $6.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $9.00 million for 2010 vs. $7.00 million for 2009.
Gross revenue is growing at an annual rate of 10.86%.
The most active front month call option is the $16 strike, and for put options the $15 was most active last Friday.
The company is cash rich and a leader in the industry but the market is not pricing in much of a premium by the looks of the single digit forward PE ratio of less than 9.
I believe CSCO will beat and the stock will move above $15.50. Do you think CSCO will meet, beat, or miss? Tell me what you believe will happen in the comments below.
Gross reported revenue compared to the mean estimate (rounded).
| Fiscal Quarter Ending Month-Year | Revenue Estimates | Actual | $ Difference | Difference % |
|---|---|---|---|---|
| Apr-11 | $ 10.85 b | $ 10.87B | $ 12.50M | 0.12% |
| Jan-11 | $ 10.23 b | $ 10.41B | $ 173.50M | 1.7% |
| Oct-10 | $ 10.74 b | $ 10.75B | $ 9.40M | 0.09% |
| Jul-10 | $ 10.87 b | $ 10.84B | $ -38.10M | -0.35% |
| Apr-10 | $ 10.24 b | $ 10.37B | $ 132.40M | 1.29% |
M = millions, B = billions
Reported earnings per share compared to the mean estimate. Differences are rounded.
| Fiscal Quarter Ending Month-Year | Estimate | Actual | Difference | Difference % |
|---|---|---|---|---|
| Apr-11 | 0.37 | 0.42 | 0.05 | 13.51% |
| Jan-11 | 0.35 | 0.37 | 0.02 | 5.71% |
| Oct-10 | 0.40 | 0.42 | 0.02 | 5% |
| Jul-10 | 0.42 | 0.43 | 0.01 | 2.38% |
| Apr-10 | 0.39 | 0.42 | 0.03 | 7.69% |
(Some one time items are often excluded in reported EPS)
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest. I also often include some that are not "confirmed" but are "proposed" for the same day. The numbers are only as good as the sources. Many of the ADRs that are relatively new provide a special challenge that can be very time consuming in trying to figure out the "best" number. Chinese ADRs that are new seem to be especially prone to conflicts with Reuters, EDGAR Online, and other sources. Not everyone puts companies into the same sector. I use Reuters as my primary guide to keep it consistent.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
