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California-based Cisco Systems, Inc. (CSCO) is an IP-based networking company serving service providers, businesses, commercial users, and individuals. The company also provides identity and access, advanced threat, and unified threat management solutions. Its market cap currently stands at $193.3 billion. Cisco Systems is scheduled to release its fiscal 2024 Q4 earnings results on Wednesday, Aug. 14.
Ahead of the event, analysts expect Cisco Systems to report a profit of $0.70 per share, down 30.7% from $1.01 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters. Its EPS of $0.72 for the last reported quarter surpassed the consensus estimate by 2.9%.