Why Is Cisco (CSCO) Down 6.5% Since Last Earnings Report?

Core Viewpoint - Cisco Systems (CSCO) shares have declined approximately 6.5% since the last earnings report, although this performance has outpaced the S&P 500 index [1] Group 1: Earnings Report and Market Reaction - The recent earnings report for Cisco highlighted important drivers that investors and analysts are currently evaluating [1] - Estimates for Cisco have trended upward over the past month, indicating a positive outlook [2] Group 2: VGM Scores and Investment Strategy - Cisco has a poor Growth Score of F, a Momentum Score of B, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] - The aggregate VGM Score for Cisco is F, which is significant for investors not focused on a single strategy [3] Group 3: Future Outlook - The upward trend in estimates suggests a promising outlook for Cisco, supported by a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4]