Earnings week ahead: CSCO, PLUG, AMAT, JD, AMC, and more
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Next week, several companies will report earnings, including Cisco Systems, Plug Power, and JD.com, covering various sectors like technology and healthcare. Analysts expect Plug Power to see a 58% profit increase despite a 10% revenue rise, while Sea Limited anticipates a 180% profit jump. Cisco is projected to grow EPS by 12% year-over-year. Market reactions may vary, with some analysts expressing caution over valuations and cash flow issues. Overall, these earnings reports will provide insights into industry trends and macroeconomic conditions.
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