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Q4 Preview: Cisco (CSCO) Could Gain on Improved Market Position, But Outlook Remains Focus

Posted: 8/15/2012 2:21:00 PM
Referenced Stocks: CSCO

Cisco Systems, Inc. (Nasdaq: CSCO) shares are trading strong Wednesday, heading into the networking giant's fourth-quarter 2012 performance report.

Currently, the Street is looking for Cisco to report 15 percent of profit growth to 46 cents per share with just 3.7 percent of sales growth to $11.61 billion. Estimize consensus numbers peg Cisco with EPS of 47 cents and sales of $11.59 billion.

Over the last several quarters, Cisco has bested analyst EPS expectations by better than 7 percent, though shares have shown weakness based on the company's outlook, which has typically been weaker than expected.

Shares of Cisco moved 21 percent lower in the quarter to $15.95 at the end of July. The stock is up 9.3 percent since then, but down 2.4 percent in 2012.

Analyst View
Data from Streetinsider's Ratings Insider has 26 analysts with a Buy rating on Cisco, 18 at Neutral, and one with a Sell.

The Street's price target average is $21, ranging from $17 to $27. Over the last year, Cisco shares have moved between $14.90 and $21.30.

Analyst Comments

Stay tuned to's EPS Insider section to see our analysis of the highly-anticipated quarterly results within seconds of their release. You can also check out Cisco's past performance at Streetinsider's Cisco's Income Statement .

Cisco will be holding a webcast at 4:30pm EDT to discuss results. Click here to go to Cisco's IR website and acess the event.