The Street was, on average, projecting revenue of $12.43 billion, and earnings per share of 65 cents, excluding some costs. A year earlier, Cisco earned 60 cents a share on sales of $11.94 billion. The business is scheduled to report its next earnings results after the market closes on Wednesday, May 16th.
Cisco CEO Chuck RobbinsBusiness InsiderCisco reported a 4.4 percent rise in quarterly revenue on Wednesday, its second straight quarterly rise, driven by strong growth in its newer businesses such as security.
At least 3 dead after NY area storms topple trees onto vehicles The storm also has been blamed for the death of a CT man who was killed when a tree fell onto the truck he was taking shelter in. Rutigliano said the city's fire department received a call about a person trapped in a vehicle. "All Newburgh was disgusting ".
Several analysts have weighed in on CSCO shares. (NASDAQ:CSCO). Moore Capital Lp has invested 0.17% of its portfolio in Cisco Systems, Inc. The network equipment provider reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04. On Thursday, May 3 J.P. Morgan initiated Cisco Systems, Inc. The firm had revenue of $11.89 billion during the quarter, compared to the consensus estimate of $11.82 billion. During the same quarter in the prior year, the business posted $0.57 EPS. Ten analysts have issued estimates for Cisco Systems' earnings. Finally, ValuEngine upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd. Finally, KeyCorp upped their price target on Cisco Systems from $43.00 to $49.00 and gave the stock an "overweight" rating in a research note on Thursday, February 15th. Macquarie assumed coverage on Cisco Systems in a research report on Monday, April 30th. They set a "neutral" rating and a $41.00 price target for the company. Zacks Investment Research raised Cisco Systems from a "hold" rating to a "buy" rating and set a $50.00 price target for the company in a report on Wednesday, February 21st. Vetr downgraded Cisco Systems from a "buy" rating to a "hold" rating and set a $45.60 price target for the company.in a report on Monday, March 26th. Eleven analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have issued a strong buy rating to the company's stock. Cisco Systems has an average rating of "Buy" and a consensus target price of $45.20. The stock was sold at an average price of $44.10, for a total transaction of $625,734.90. The sale was disclosed in a filing with the SEC, which is available through this link. Shares for $940,559 were sold by Goeckeler David on Thursday, March 15. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,986 shares of company stock worth $2,116,422. It is positive, as 51 investors sold CSCO shares while 660 reduced holdings.
A total of 23 analysts rate Cisco Systems (NASDAQ:CSCO) as follows: 19 "Buy", 4 "Hold" and 0 "Sell". Tarbox Family Office Inc. now owns 3,328 shares of the network equipment provider's stock worth $127,000 after buying an additional 1,346 shares during the last quarter. Guardian Invest Mgmt has 1.46% invested in Cisco Systems, Inc. The fund owned 18,005 shares of the network equipment provider's stock after selling 29,332 shares during the quarter. Stifel Financial Corp grew its holdings in shares of Cisco Systems by 6,109.5% in the third quarter. That's important because it indicates the company, the world's largest maker of network switches and routers for moving data over the internet and large corporate networks, is making the transition to a more consistent subscription-based business model like that of cloud computing giants such as Amazon Web Services Inc. and Microsoft Corp.'s Azure. Delphi Private Advisors LLC increased its stake in Cisco Systems by 307.8% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 126,000 shares of the network equipment provider's stock worth $4,825,000 after buying an additional 96,000 shares during the period. (NASDAQ:CSCO). Principal Group holds 11.20M shs or 0.39% of its capital. 30,210,902 shares of the company were exchanged, compared to its average volume of 27,168,168. Cisco Systems has a 52-week low of $45.14 and a 52-week high of $45.54. The company has a quick ratio of 2.38, a current ratio of 2.43 and a debt-to-equity ratio of 0.49. Dubuque Savings Bank And Tru has invested 2.19% in Cisco Systems, Inc.
Quarterly Revenue Growth on year-over-year basis stands at 2.7 percent. Missouri-based Buckingham Asset Ltd Co has invested 0.52% in Cisco Systems, Inc. Cisco Systems's dividend payout ratio (DPR) is presently 61.40%. This repurchase authorization authorizes the network equipment provider to repurchase shares of its stock through open market purchases.
As for Sonam, Veere Di Wedding is one of her most ambitious projects with her sister Rhea being one of the producers. Director Vikramaditya Motwane's Bhavesh Joshi , which stars Harshvardhan Kapoor , has been postponed to 1 June.
So let's take a different route and make sure we're cautious with him and get him back to the Cespedes he can be sooner". Manager Mickey Callaway said he would only use Cespedes as a pinch hitter on Tuesday if the game was on the line.
Navarro, 68, who once published a book entitled " Death by China ", has always been hostile to the country. Navarro has much more strident views on China's trade history, ones that Trump has often agreed with.
Belloni also said that the deal to keep Raw was for 3-times their current value so WWE management must be thrilled with that. Sources say that FOX is being speculated as the next home for Smackdown , which has been on NBCU networks since 2010.
He received a total of 1,075 votes (68.43 percent) over Bill Klisavage's 496 votes in the May 8 Primary Election. Most unaffiliated voters will receive the ballots of both major political parties during a primary election.
This photo provided by Tesla shows a 2017 Tesla Model 3, a vehicle that has a semiautonomous driving system called Autopilot. Last week, NHTSA also said it would probe a May 8 Tesla accident in Florida that killed two teenagers and injured another.
Nielsen denied that she had been asked to separate illegal alien parents from their children as a method of deterrence. Rather, Nielsen said, if a person crosses the border illegally: "We will refer you for prosecution".
Trading Statistics of Lexington Realty Trust (LXP)
It dropped, as 53 investors sold DLR shares while 185 reduced holdings. 190 rose positions while 59 funds amassed positions. The stock of Federal Realty Investment Trust ( NYSE :FRT) earned "Buy" rating by Canaccord Genuity on Wednesday, July 22.
Walmart Helps Battered Lord & Taylor With E-Commerce Deal
Walmart is targeting wealthy shoppers with a new online shop that features upscale fashion brands sold by Lord & Taylor . With the launch of the L&T page, Walmart will have its own everyday brands and the premium Lord & Taylor brands.
UFC to debut in Russian Federation this September
MMA Fighting reports that UFC has officially announced a UFC Fight Night event for Moscow on September 15. Founder of MyMMANews.com - After writing for Ultimate MMA magazine and serving as the editor for U.S.