Cisco Systems Q2 Earnings Preview

Cisco Systems (NASDAQ: CSCO) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q2 earnings announcement.

Earnings and Revenue

Wall Street analysts see Cisco Systems reporting earnings of 59 cents per share on revenue of $11.81 billion.

In the same quarter last year, Cisco Systems reported EPS of 56 cents per share on revenue of $11.58 billion. Sales would be up 1.99 percent from the same quarter last year.

Cisco Systems's reported EPS has stacked up against analyst estimates in the past like this:

Q2 EPS Estimate: 59 cents per share
Q2 Revenues Estimate: $11 billion

Stock Performance

Over the last 52-week period, shares are up 28.85 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Over the past 90 days, analysts' have adjusted their estimates higher for EPS and revenues. The average rating by analysts on Cisco Systems stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Cisco Systems' Q2 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here.