CISCO SYSTEMS (NASDAQ: CSCO) Earnings Reports Prospects

Cisco Systems last published its earnings data publicly on November 12, 2020. The multinational network technologies company reported earnings of $ 0.76 per share in its quarterly report, surpassing analysts' $ 0.70 estimates with $ 0.06. The company had a profit of $ 11.93 billion during the quarter compared to analysts' expectations of $ 11.85 billion. Its income decreased by 9.3 percent compared to the same quarter of the previous year. Cisco Systems has earned $ 2.92 per share last year, while now has a price-to-earnings ratio of 19.5.

The company will hold a earnings conference on Tuesday, February 9, and publish its quarterly earnings report.

When Cisco Network Technologies (CSCO) reports the results for the last quarter ending in January 2021, its earnings are expected to decline compared to the same period of the previous year. If these key figures meet high expectations in the earnings report expected to be released on February 9, the stock may rise. On the other hand, if it stays below the estimates, the stock may decline.   CISCO SYSTEMS (NASDAQ: CSCO) Earnings Reports Prospects Source: https://finance.yahoo.com/ You may also be interested in this:

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