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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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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 http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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