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Benzinga
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How To Earn $500 A Month From Cisco Stock Ahead Of Q3 Earnings

1. CSCO to report Q3 earnings on May 14, expected at 92 cents/share. 2. Projected revenue is $14.06 billion, up from $12.7 billion last year. 3. Evercore maintains an Outperform rating, lowers price target to $67. 4. Cisco offers a 2.66% dividend yield, with quarterly payments of 41 cents. 5. Shares gained 3.2%, closing at $61.67 on Monday.

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FAQ

Why Bullish?

The earnings outlook and revenue growth are positive indicators. Comparisons to past performance show consistent growth, suggesting investor confidence.

How important is it?

Upcoming earnings and analyst's outlook are crucial for investor sentiment and price potential.

Why Short Term?

Earnings reports typically impact share prices immediately, shifting depending on results and guidance. Historical data indicates price movements following earnings announcements.

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