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TMCNet:  Earnings Look Back: Cisco Systems Is Down 1.1% Since Reporting Quarterly Results 1 Week Ago (CSCO)

[February 25, 2013]

Earnings Look Back: Cisco Systems Is Down 1.1% Since Reporting Quarterly Results 1 Week Ago (CSCO)

Feb 25, 2013 (SmarTrend(R) News Watch via COMTEX) -- A week ago on February 13th, 2013 Cisco Systems (NASDAQ:CSCO) reported earnings and analysts, on average, expected earnings of $0.48 on sales of $12.1 billion. Cisco Systems actually reported earnings of $0.51 per share on sales of $12.1 billion, beating EPS estimates by $0.03 and beating revenue estimates by $34.1 million. Since the company's report, shares of Cisco Systems have fallen from $21.14 to $20.90, representing a loss of 1.1% in the past 12 days.

Over the past year, Cisco Systems has traded in a range of $14.96 to $21.67 and is now at $20.90, 40% above that low. The 200-day and 50-day moving averages have moved 0.15% higher and 0.63% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Cisco Systems on November 27th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $18.97. Since that recommendation, shares of Cisco Systems have risen 9.4%. We continue to monitor CSCO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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