Cisco quarterly earnings beat estimates; shares rise

Credit: Reuters India- Published 1 week ago
Cisco Systems Inc reported quarterly earnings above analysts' estimates on Wednesday, boosted by growth in its traditional business of selling switches and routers, as well as strength in its focus areas such as cyber security.

Credit: The Street
Published 1 week ago -  02:31
Earnings Preview: Walmart, Cisco, Nvidia
Earnings season is still in full effect ... Walmart , Cisco , and Nvidia are all expected to report its quarterly earnings later this week. While speaking with Action Alerts Plus' Zev Fima, Real Money's Kevin Curran and Action Alerts Plus' Senior Analyst Jeff Marks give their take on what investors should be watching for in each report. Walmart Earnings "I think that we really need to hear how much tariffs are hitting them and I think that's based on the trading environment that we're in right now and that's going to kind of overshadow a lot of the other commentary that's going to be offered by the company," Curran said. Walmart reports earnings before the bell on Thursday, May 16. Cisco Earnings "I mean a real quick takeaway on Cisco, I mean it's not really, you're not going to have too much of that tariff exposure. They're more of a U.S. company. They're not really based in China. I would say for the stock, it's actually been on a big run," Jeff Marks said. Cisco reports earnings after the bell on Wednesday, May 15. Nvidia Earnings Zev Fima ended the show briefly touching on Nvidia earnings. "I don't think we're expecting too much on this quarter," he said. Nvidia reports earnings after the bell on Thursday, May 16. Cisco and Nvidia are holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells the stock? Learn more now. Related. Cisco Systems Could Be in Store for a Deeper Pullback Watch Jim Cramer's Daily NYSE Show and Replays Below

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