TECH - Bearish Trend In Cisco Stock Ahead Of Q2 Earnings: Technical Analysis | Benzinga
Cisco Systems Inc (NASDAQ:CSCO), will be reporting its second-quarter earnings on Feb. 14. Wall Street expects 84 cents in EPS and $12.71 billion in revenues as the company reports after market hours.
Cisco is a U.S. technology company that is best known for its networking products. The company is reportedly set to restructure its operations, potentially resulting in thousands of job cuts, as it aims to prioritize high-growth sectors.
Related: Cisco Plans Restructuring, Potential Job Cuts As Focus Shifts to High-growth Sectors: Report
Cisco Stock Technical Setup Ahead Of Q2 Earnings
The technical analysis setup of Cisco ...