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Cisco Systems Inc. (CSCO) Is Climbing On Better Than Expected Q2 Profit

Cisco Systems Inc. (CSCO) reported second quarter EPS of $0.63 after the bell Wednesday, up from $0.57 a year ago. The consensus estimate was for EPS of $0.59. Third quarter EPS is expected to be between $0.64 and $0.66. Street expectations are for EPS of $0.63. The stock is now up 2.16 on 2.6 million shares.

Cisco Systems climbed for the bulk of Wednesday's session and closed up by 0.86 at $42.09. The stock rose to nearly a 2-week high.

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