The latest quarter included a one-time $158 million ($0.03 per share) tax benefit. Non-GAAP earnings, which exclude tax and various other special items, rose from $0.30 to $0.42 per share.
In our earlier review of Cisco's Income Statement, we compared the actual results to our "look-ahead" estimates. Reported earnings were $0.02 better than the $0.35 per share we had forecast.
We have now updated the various financial metrics we use to analyze Cash Management, Growth, Profitability and Value for Cisco Systems. This post reports on the metrics and the associated financial gauge scores. The metrics were calculated using data from Cisco's current and historical financial statements, including the latest 10-Q report.
Cisco Systems, Inc. (NASDAQ: CSCO), the proud plumber of the Internet, has a dominant role in markets for enterprise networking products (routers, switches, and advanced technologies) and services. Additional background information about Cisco can be found in the look-ahead.
In summary, Cisco's latest quarterly results produced the following changes to the gauge scores:
- Cash Management: 6 of 25 (down from 9 in January)
- Growth: 2 of 25 (up from 0)
- Profitability: 12 of 25 (unchanged)
- Value: 0 of 25 (down from 1)
- Overall: 20 of 100 (down from 23)
Current and historical values for the financial metrics that determine the gauge scores are listed below, with some brief commentary. Readers are encouraged to verify these figures and calculate others as they see fit using the filings available at the SEC's web site and elsewhere.