Earnings Outlook For Cisco Systems
Portfolio Pulse from Benzinga Insights
Cisco Systems (NASDAQ:CSCO) is set to release its latest quarterly earnings report on August 16, 2023. Analysts estimate an earnings per share (EPS) of $1.06. The company's past performance shows a trend of beating EPS estimates, which has typically resulted in a share price increase. The stock is currently trading at $53.88, up 14.8% over the last 52-week period.
August 15, 2023 | 2:00 pm
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Cisco Systems is expected to report an EPS of $1.06 in its upcoming earnings release. The company's history of beating EPS estimates could potentially lead to a positive impact on its share price.
Cisco Systems has a history of beating EPS estimates, which has typically resulted in a share price increase. Given this trend and the positive analyst estimate for the upcoming earnings release, it is likely that the company's stock price will experience a positive impact in the short term.
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