Cisco Systems Earnings Preview: Will AI Help The Company Grow?

1. Cisco plans to cut 8,500 jobs due to low profit forecasts. 2. Stock trading near $70, has a history of high post-earnings volatility. 3. Q3 expected earnings are $0.98/share with a Whisper number of $1.01/share. 4. Stock's price-to-earnings ratio is 19, slightly lower than the S&P 500. 5. Company focus on AI growth potential may affect market perception.