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Cisco Systems, Inc. (NASDAQ:CSCO) is due to report earnings after the closing bell on November 9, 2011. Below you can see the results of CSCO over the last few earnings periods.

Cisco Systems, Inc. designs, manufactures, and sells Internet protocol-based networking and other products related to the communications and information technology industry worldwide. The company was founded in 1984 and is headquartered in San Jose, California. CSCO trades an average of 49 million shares per day.

  • 52 Week High: $24.51
  • 52 Week Low: $13.30
  • Book Value: $8.69
  • Float Short: 1.50%

On average, 11 analysts are expecting a drop of $-0.01 in earnings per share compared to last quarter's results of $0.40. Investors will be looking to see a number north of $0.39 per share, based on the earnings estimates.

The P/E ratio has come down, as the current trailing twelve months (ttm) P/E ratio is 15.4, while the forward P/E ratio is now 12.1. An upside earnings report may put a lot of wind in the sails.

Looking at the price movement over the last month, the stock has moved higher in price 8.22%, with a one year change of -25.53%.

When comparing to the S&P 500, the year to date difference is -10.56%.

Overall, I am bullish with Cisco and chip stocks in general. I have been long Intel at times, and I would not have a lot of fear going into earnings with Cisco if I was long. Absent a very poor guidance, I will back the truck up to get a full allocation of Cisco if the price does come back under $15 again.

The company has rising revenue year-over-year of $43.22 billion for 2011 vs. $40.04 billion for 2010. The bottom line has falling earnings year-over-year of $6.49 billion for 2011 vs. $7.77 billion for 2010. The company's earnings before income and taxes are falling with an EBIT year-over-year of $7.67 billion for 2011 vs. $9.16 billion for 2010.

Here is a look at the fiscal year revenue.

paid2trade.com revenue gross bar chart for CSCO
(Click to enlarge)

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jul-11 $ 10.97 B $ 11.20 B $ 225.80 M 2.06%
Apr-11 $ 10.85 B $ 10.87 B $ 12.50 M 0.12%
Jan-11 $ 10.23 B $ 10.41 B $ 173.50 M 1.7%
Oct-10 $ 10.74 B $ 10.75 B $ 9.40 M 0.09%
Jul-10 $ 10.87 B $ 10.84 B $ -38.10 M -0.35%
M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

paid2trade.com Quarterly Estimates And Actual EPS results CSCO
(Click to enlarge)

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for CSCO

paid2trade.com short interest tool. The total short interest number of shares for CSCO
(Click to enlarge)

The number of days to cover short interest based on average daily trading volume for CSCO.

paid2trade.com number of days to cover short interest based on average daily trading volume for CSCO
(Click to enlarge)

TEKELEC (NASDAQ:TKLC) is scheduled to release last fiscal quarter's results before the opening bell on November 9, 2011.

Tekelec engages in the design, development, manufacture, marketing, sale, and support of telecommunications products and services. The company was founded in 1971 and is headquartered in Morrisville, North Carolina. TKLC trades an average of 1.2 million shares per day.

  • 52 Week High: $13.41
  • 52 Week Low: $5.64
  • Book Value: $8.62
  • Float Short: 6.41%

Analysts are expecting an improvement of $0.06 in earnings per share compared to last quarter's results of $0.08. Investors will be looking to top $0.14 per share, based on the estimated mean earnings.

From a month ago, the stock has increased in price 48.87%, and moving in price -28.26% from one year ago. When comparing to the S&P 500, the year to date difference is -16.59%.

The company has falling revenue year-over-year of $423.96 million for 2010 vs. $469.26 million for 2009. The bottom line has falling earnings year-over-year of $15.01 million for 2010 vs. $47.40 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $22.09 million for 2010 vs. $81.45 million for 2009.

Here is a look at the fiscal year revenue.

paid2trade.com revenue gross bar chart for TKLC
(Click to enlarge)

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 93.60 M $ 96.80 M $ 3.20 M 3.42%
Mar-11 $ 88.39 M $ 107.76 M $ 19.37 M 21.91%
Dec-10 $ 88.12 M $ 90.16 M $ 2.04 M 2.32%
Sep-10 $ 105.92 M $ 108.31 M $ 2.39 M 2.26%
Jun-10 $ 111.72 M $ 109.51 M $ -2.21 M -1.98%
M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

paid2trade.com Quarterly Estimates And Actual EPS results TKLC
(Click to enlarge)

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for TKLC

paid2trade.com short interest tool. The total short interest number of shares for TKLC
(Click to enlarge)

The number of days to cover short interest based on average daily trading volume for TKLC.

paid2trade.com number of days to cover short interest based on average daily trading volume for TKLC
(Click to enlarge)

Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and 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, 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.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in CSCO over the next 72 hours.

Source: Earnings Preview: Cisco, Tekelec Report Results Wednesday