Earnings Preview For Cisco Systems

Hewlett Packard (HPQ)

Dell (DELL)

Facebook (FB)

Apple (AAPL)

Goldman Sachs (GS)

Fred's First Quarter 2012 EPS Increase 17%

Newell Rubbermaid to Reaffirm Fiscal Year 2012 Outlook

Best ETFs For Facebook Exposure

McDonald's Announces Quarterly Cash Dividend

Is KB HOME Closing in to Resistance?

Earnings Preview For Cisco Systems

Published on Tuesday, 07 February 2012 21:25 Written by Danny Miller

New York, February 7^th (TradersHuddle.com) – Shares of Cisco Systems (NASDAQ: CSCO), the world’s largest maker of networking equipment, edged higher in the session, settling at $20.20.

Credit Suisse reiterated its Outperform rating and target price of $26 per share, citing that gross and operating margins will likely improve with the company benefiting from cost cutting.

Cisco is scheduled to report its earnings tomorrow after the closing bell. On average analysts expect a profit of $0.43 per share on revenues of $11.63 billion. Last quarter the company posted a 10.3% upside surprise, as it earned $0.43 per share. The lowest earnings estimate is $0.41 per share, while highest earnings estimate is $0.46 per share.

The stock has climbed 11.73% and it’s trading at its highest level since February last year, with its 52-week high at $22.34.

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!