Earnings Preview: Cisco

Published on Tuesday, 10 August 2010 10:18 Written by Gerard Lerod

New York, August 10th (TradersHuddle.com) - Shares of Cisco Systems, Inc. (NASDAQ:CSCO) are trading lower by -1.49% ahead of its quarterly earnings release. Cisco, the networking giant is expected to release its quarterly results on August 11^th.

Wall Street Analysts consensus calls for a profit of $0.42 a share on $10.86 billion revenue.

Cisco estimates have a range of $0.03 a share. The high estimate calls for profit of $0.43 a share and the low estimate is calling for a profit of $0.4 a share, a year ago for the quarter the company reported $0.31 a share.

Cisco Systems, Inc. supplies data networking products for the Internet. The Company's Internet Protocol-based networking solutions are installed at corporations, public institutions, home networks and telecommunication companies worldwide. The Company's solutions transport data, voice, and video between networks and computers around the world. Cisco was founded in 1984 and its headquartered in San Jose, CA.