One quarter earlier, revenue for the stock was at $12.64 billion, with earnings at $0.63/share.
Its revenue of $11.6 billion in the second quarter decreased 2%, compared with the revenue of $11.8 billion in the same period past year. JP Morgan has been covering shares of CSCO, so it is most recent view is worth a look.
Cisco Systems, Inc. (NASDAQ:CSCO) has a market capitalization of 160.48 Billion.
Cisco Systems, Inc. (NASDAQ:CSCO) gained 1.06% to reach at the trading price of $32.31 as it is set to release its next quarterly earnings report on February 15, 2017. 1 Analysts have rated it as strong sell.
Drexel Hamilton hiked its price target to 40 from 36, and Deutsche Bank increased its to 40 as well. Cisco Systems's dividend payout ratio (DPR) is 49.52%. The stock now has a consensus rating of "Buy" and an average target price of $32.42. The company said that it had $0.57 in earnings per share (EPS) and $11.6 billion in revenue. However a year ago during same quarter Cisco Systems, Inc. This represents a $1.16 dividend on an annualized basis and a yield of 3.53%.
Batman solo movie could be Ben Affleck's last as hero
There is no official release date for the new Batman film yet, but its original 2018 target date is looking increasingly unlikely. Justice League with be released in United Kingdom cinemas on November 17, 2017.
Cisco exited the second quarter with cash and investments balance of nearly $71.8 billion compared with $71 billion in the prior quarter. (CSCO) announced it is expanding its Cisco Unified Computing System™ (Cisco UCS®) Solutions portfolio by offering Microsoft Azure Stack on Cisco® UCS via an integrated, validated system that enables organizations to deliver Microsoft Azure services from their on-premises data center. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.02.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. For comparison, there was a revenue of $12B and EPS of $0.57 in the April 2016 period. Post-earnings, CSCO stock ranged between $29.61 and $30.05 after opening the day (11/17/2016) at $29.91. The ROA for Cisco Systems, Inc. tells us exactly what earnings were generated from the invested capital. Partnervest Advisory Services LLC now owns 11,782 shares of the network equipment provider's stock worth $374,000 after buying an additional 74 shares in the last quarter. Cisco stock on Tuesday climbed above a 32.05 buy point, so it's now slightly more than 5% extended. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Covering sell-side analysts are estimating company growth for next year to be 4.89%. Cisco Systems presently has a consensus rating of Buy and a consensus target price of $32.42.
At least eight analysts hiked their price targets on Cisco Systems (CSCO) stock following the computer networking leader's fiscal Q2 earnings report late Wednesday, sending Cisco's stock up. Cisco Systems's dividend payout ratio (DPR) is now 49.52%. The share price is now up 4.01% for the past three months. Following the transaction, the senior vice president now directly owns 183,275 shares in the company, valued at $5,573,392.75.
Several other research firms have also recently weighed in on CSCO. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
By region, sales in the Americas were down 3%, EMEA was flat, and APJC was down 3%.