Cisco quarterly figures: Financial experts expect increased profits and sales growth

Cisco quarterly figures: Financial experts expect increased profits and sales growth

According to a report by www.finanzen.net, Cisco will present the key figures for the past quarter on Wednesday. The technology company is expected to report good profit and sales figures. 20 analysts estimate average earnings per share (EPS) of USD 1.03, an increase compared to the same period last year. Sales estimates for the past quarter averaged $14.63 billion, which corresponds to an increase of 7.29 percent compared to the same quarter last year.

Looking ahead to the current fiscal year, analysts expect Cisco to report earnings per share of $4.05, higher than the same period last year. Sales are also expected to increase, with total sales estimated at $57.78 billion compared to $57.00 billion last year.

These positive forecasts could have a positive impact on the market for technology companies and increase investor confidence. A successful quarterly report could also lead to rising stock prices and a positive impact on the industry as a whole. However, potential risks and unexpected developments that could affect the results should also be taken into account. Overall, however, the forecast suggests that Cisco will report solid numbers and could therefore have a positive impact on the market.