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Earnings Preview: Cisco Systems, Palo Alto Networks, and XPeng

  • November 11th, 2023
  • 320 views

On Wednesday, November 15, a lineup of companies is set to announce their financial results, including:

Cisco Systems, Inc. (Nasdaq: CSCO), a global technology leader, will reveal its first-quarter fiscal-year 2024 financial results after the market close. 

Analysts expect earnings per share (EPS) of $0.97 on revenue amounting to $13.79 billion.

$CSCO closed at $52.59 on Friday, up $0.59 (+1.13%).

Palo Alto Networks, Inc. (Nasdaq: PANW), a cybersecurity company, is scheduled to release the financial results for its fiscal first quarter of 2024 after U.S. markets close. 

The consensus EPS estimate stands at $1.16, with revenue projected to reach $1.84 billion.

On Friday, $PANW closed at $253.51, reflecting a notable increase of $10.92 (+4.50%).

XPeng Inc. (NYSE: XPEV), an innovative electric vehicle manufacturer, will report its third-quarter 2023 unaudited financial results before the open of U.S. markets. 

The consensus estimate points to a loss of $0.53 per share on revenue of $1.16 billion.

$XPEV closed at $15.26 on Friday, down $0.63 (-3.96%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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