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Stock impact report

Why Cisco Systems (CSCO) Dipped More Than Broader Market Today [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 loss of 0.46%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%. Prior to today's trading, shares of the seller of routers, switches, software and services had lost 2.85% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04% in that time. The upcoming earnings release of Cisco Systems will be of great interest to investors. The company's earnings report is expected on May 15, 2024. In that report, analysts expect Cisco Systems to post earnings of $0.83 per share. This would mark a year-over-year decline of 17%. Meanwhile, our latest consensus estimate is calling for revenue of $12.44 billion, down 14.62% from the prior-year quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.68 per share and a revenue of $53.04 billion, indicating changes of -5.4% and -6.94%, respectively, fr Show less Read more
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