Financial pundits are waiting with baited breath for Cisco’s fiscal fourth quarter results, expected next week.
Barron’s Online cites A.G. Edwards analyst Aaron Rakers as saying that Cisco’s Q4 is usually its strongest for enterprise sales.
According to Barron’s:
Rakers expects sales to large companies to offset “sluggishness” he’s picked up in other parts of the company’s business. He’s looking for 17% year-over-year revenue growth in the quarter, to $9.31 billion, and notes that that assumes revenue from two acquisitions Cisco recently made, WebEx and IronPort. Those two deals could add an extra $85 million to Cisco’s top line this quarter, but were not counted by Cisco when the company gave a forecast of $9.3 billion, which suggests there’s some upside to Rakers’s and other analysts’ estimates.
Meanwhile, 247Wallst.com says:
Estimates from First Call are $0.35 EPS and $9.29 Billion revenues, but keep in mind that these may change slightly since there are three more trading days. Next quarter estimates are $0.36 EPS and $9.38 Billion in revenues. If we get any fiscal July-2008 targets from the company, estimates are currently $1.55 EPS and $39.7 Billion in revenues. If the company only gives guidance in percentages for fiscal 2008 you would get a static 2008 to 2007 implied 16.5% gain in EPS and a 14% gain in revenues.
If you’re interested to know more about Cisco’s stock, there’s a lot more chatter about it elsewhere in the blogosphere. I’ll leave you to root them out.
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