For the quarter ended October 2024, Cisco Techniques (CSCO) reported income of $13.84 billion, down 5.6% over the identical interval final 12 months. EPS got here in at $0.91, in comparison with $1.11 within the year-ago quarter.
The reported income represents a shock of +0.57% over the Zacks Consensus Estimate of $13.76 billion. With the consensus EPS estimate being $0.87, the EPS shock was +4.60%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s worth efficiency.
Right here is how Cisco carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Income- Product: $10.11 billion versus the seven-analyst common estimate of $9.90 billion. The reported quantity represents a year-over-year change of -9.2%.
- Income- Providers: $3.73 billion versus the seven-analyst common estimate of $3.70 billion. The reported quantity represents a year-over-year change of +5.6%.
- Income- Product- Safety: $2.02 billion in comparison with the $1.82 billion common estimate based mostly on six analysts.
- Income- Product- Observability: $258 million versus the six-analyst common estimate of $256.53 million.
- Income- Product- Networking: $6.75 billion versus $6.91 billion estimated by six analysts on common.
- Income- Product- Collaboration: $1.09 billion in comparison with the $1.06 billion common estimate based mostly on six analysts. The reported quantity represents a change of -2.9% 12 months over 12 months.
- Non-Gaap Gross Margin- Service: $2.62 billion in comparison with the $2.59 billion common estimate based mostly on 5 analysts.
- Non-Gaap Gross Margin- Product: $6.97 billion in comparison with the $6.48 billion common estimate based mostly on 5 analysts.
View all Key Company Metrics for Cisco here>>>
Shares of Cisco have returned +8.6% over the previous month versus the Zacks S&P 500 composite’s +3% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report
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