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Stockreport

With Product Sales Sluggish, What To Expect From Cisco's Q3 Earnings? [Forbes]

Apple Inc. (AAPL)  More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
is poised to report its Q3 FY'24 results on May 14, reporting on a quarter that is likely to see the company's sales contract, as customers focus on deploying hardware inventory purchased in the recent quarters. We expect revenue for the quarter to come in at about $12.8 billion, coming in slightly ahead of estimates although this would mark a 14% decline compared to last year. We project that earnings will stand at about $0.84 per share, coming in marginally ahead of consensus estimates. So what are some of the trends that are likely to drive the company's results for the quarter? See our analysis of for more details. Cisco's product sales have seen a slowdown as the company's customers have been focused on installing and implementing the products purchased over the last few quarters. This is likely to impact revenue for Q3 as well, as excess inventory is absorbed by customers. Moreover, large companies, including cloud service providers and telecommunication players, have been ho [Read more]
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Stockreport

With Product Sales Sluggish, What To Expect From Cisco's Q3 Earnings? [Forbes]

Apple Inc.  (AAPL) 
More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
is poised to report its Q3 FY'24 results on May 14, reporting on a quarter that is likely to see the company's sales contract, as customers focus on deploying hardware inventory purchased in the recent quarters. We expect revenue for the quarter to come in at about $12.8 billion, coming in slightly ahead of estimates although this would mark a 14% decline compared to last year. We project that earnings will stand at about $0.84 per share, coming in marginally ahead of consensus estimates. So what are some of the trends that are likely to drive the company's results for the quarter? See our analysis of for more details. Cisco's product sales have seen a slowdown as the company's customers have been focused on installing and implementing the products purchased over the last few quarters. This is likely to impact revenue for Q3 as well, as excess inventory is absorbed by customers. Moreover, large companies, including cloud service providers and telecommunication players, have been ho [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS