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Barchart
Rashmi Kumari

Earnings Preview: What to Expect From Cisco Systems' Report

Cisco CSCO

Cisco Systems, Inc. (CSCO), headquartered in San Jose, California, is a global leader in networking and IT solutions, providing technology to connect and secure networks worldwide. With a market cap of $224.6 billion, Cisco designs, manufactures, and sells hardware, software, and telecommunications equipment for businesses across various industries. The company is set to announce its Q1 earnings on Wednesday, Nov. 20.

Ahead of the event, analysts expect CSCO to report a profit of $0.71 per share, down 27.6% from $0.98 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in the last four quarters. 

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