Cisco Systems (CSCO) is scheduled to release its fiscal fourth-quarter results after the market closes on Wednesday, August 12. The company has experienced a significant stock surge of nearly 60% year to date, approaching a 52-week high of $130 per share. Analysts expect fourth-quarter sales to reach approximately $16.85 billion, a nearly 15% increase from the previous year, with reported earnings anticipated to grow 18% to $1.17 per share.
For its third fiscal quarter, Cisco reported record revenues of $15.8 billion, up 12% year-over-year, and non-GAAP earnings of $1.06 per share. Total product orders rose by 35% YoY, with networking product orders increasing more than 50%. The company has raised its full-year revenue forecast to $62.8-$63 billion and updated its AI infrastructure order expectations to $9 billion, reflecting strong demand in the sector.
With a current price-to-earnings ratio around 30X and solid cash generation, including $2.9 billion returned to shareholders in Q3, Cisco is positioned favorably as it enters earnings season. The outcome of the upcoming report will be crucial in determining the sustainability of its growth trajectory into fiscal 2027.
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