Cisco Earnings Preview: Is Old Tech Starting To Find A Bid?
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Cisco is set to report its fiscal Q1 '25 earnings on November 13, 2024, with expected declines in revenue, operating income, and EPS. This quarter marks the last challenging comparison due to last year's inventory issues, with better growth anticipated in future estimates.
November 12, 2024 | 2:30 pm
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Cisco is expected to report declines in revenue, operating income, and EPS for fiscal Q1 '25, but future growth is anticipated as the company moves past inventory challenges.
The expected declines in key financial metrics for Cisco's fiscal Q1 '25 are likely already priced into the stock, given the anticipation of better growth in future quarters. The market may react neutrally in the short term as investors look beyond the current quarter's results.
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