Tech Traders Position Themselves Ahead of Cisco's (CSCO) Q3 Earnings

Technology traders are positioning themselves ahead of Cisco's (NASDAQ: CSCO) Q3 earnings. Cisco will be reporting earnings after the bell today.

Analysts are expecting Cisco to report earnings of 0.47 per share on revenues of $11.57 billion. On average over the past four quarters, Cisco has beaten the EPS consensus by 9.6% according to data at EPS Insider.

Cisco has a 3.78 percent weighting in QQQ (Nasdaq: QQQ), an ETF that tracks the Nasdaq-100 index, and a 3.68 percent weighting in Technology Select Sector SPDR (NYSE: XLK). Another commonly traded ETF is the Dow Jones U.S. Technology Index Fund (NYSE: IYW). Cisco has a 4.30 percent weighting in IYW.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Atlassian results seen as 'game changer' for AI kills software worries
• Microsoft only US hyperscaler with positive free cash flow as AI capex bites
• Hawaiian Electric Industries (HE) Misses Q2 EPS by 6c