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Stock impact report

Cisco Systems (CSCO) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily gain of 0.91%. Elsewhere, the Dow saw an upswing of 0.85%, while the tech-heavy Nasdaq appreciated by 1.51%. Prior to today's trading, shares of the seller of routers, switches, software and services had lost 3.9% over the past month. This has was narrower than the Computer and Technology sector's loss of 4.63% and the S&P 500's loss of 4.2% in that time. The investment community will be paying close attention to the earnings performance of Cisco Systems in its upcoming release. The company is slated to reveal its earnings on May 15, 2024. The company's earnings per share (EPS) are projected to be $0.83, reflecting a 17% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $12.47 billion, showing a 14.4% drop compared to the year-ago quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.68 per share and revenue of $53.04 billion, Show less Read more
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