Analysts See Cisco Q2 EPS +8.5% to $1.02 and Revenues +8.1% at $15.12B
Wall Street analysts forecast Cisco to report Q2 EPS of $1.02, up 8.5% year-over-year, on revenues of $15.12 billion, an 8.1% increase. Networking product sales are seen at $7.74 billion (+13%) while collaboration revenue may dip 1.2% to $984 million.
1. Q2 Consensus EPS and Revenue Forecasts
Analysts project Cisco will report Q2 EPS of $1.02, representing an 8.5% year-over-year increase, and revenues of $15.12 billion, up 8.1% from the prior year.
2. Product and Service Segment Projections
Revenue from Networking products is seen rising 13% to $7.74 billion, Security products to $2.15 billion (+2%), Observability to $298 million (+7.7%), Services to $3.85 billion (+2.6%) and Collaboration products could decline 1.2% to $984 million.
3. Gross Margin Expectations
Non-GAAP gross margin for products is projected at $7.56 billion versus $6.92 billion last year, and services margin at $2.73 billion compared with $2.69 billion a year ago.
4. Recent Share Performance and Analyst Rating
Cisco shares have gained 11.4% over the past month versus a 1.5% drop in the S&P 500, and the stock holds a Zacks Rank #3 (Hold), indicating if results align with forecasts the stock may track the broader market.