Cisco Reports Second Quarter Earnings

Cisco (CSCO) Qtr Good Enough to Boost Oversold Stock - UBS

UBS analyst Steven Milunovich lowered his price target on Cisco (NASDAQ: CSCO) to $29.00 (from $31.00) but maintained a Buy rating. The analyst said the quarter was good enough to boost the stock, which they view as oversold.

commented, "Cisco reported a mixed... More

Cisco (CSCO) Guidance Better Than Feared - BMO

BMO Capital analyst, Tim Long, thinks Cisco's (NASDAQ: CSCO) guidance was better than people were expecting despite comments that business has slowed in the first weeks of January. With a 4% dividend yield and strong cash flows, the reward is greater than the near term... More

Jefferies Upgrades Cisco (CSCO) to Buy

Jefferies upgraded Cisco (NASDAQ: CSCO) from Hold to Buy with a price target of $27.50 (from $26.00).

Analyst George Notter commented, "Cisco's results and guidance were consistent with our prior views they hit the quarter and guided down modestly relative to Street expectations. Their commentary about the... More

Cisco Systems (CSCO) Raises Quarterly Dividend 23.8% to $0.26; 4.6% Yield

Cisco Systems (NASDAQ: CSCO) declared a quarterly dividend of $0.26 per share, or $1.04 annualized. This is a 23.8% increase from the prior dividend of $0.21.

The dividend will be payable on April 27, 2016, to stockholders of record on April 6, 2016, with an ex-dividend date of April 4,... More

Cisco Systems (CSCO) Announces $15B Buyback

In addition to earnings, Cisco Systems (NASDAQ: CSCO) announced that its board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. Cisco's board had previously authorized up to $97 billion in stock repurchases. There is no fixed... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c, Guides Q3 EPS In-Line

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.76 billion.

GUIDANCE:

Cisco Systems sees Q3 2016 EPS of $0.54-$0.56, versus the consensus of... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $11.76 billion.

GUIDANCE:

Cisco Systems sees Q3 2016 EPS of $0.54-$0.56, versus the consensus of... More