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Cisco, Kohl's, J.C. Penney Highlight Earnings This Week

Applied Materials, Inc. NASDAQ:AMAT, Cisco Systems, Inc. NASDAQ:CSCO - Cisco, Kohl's, J.C. Penney Highlight Earnings This Week

After CVS Health and Office Depot kicked off the retail earnings parade last week with strong and so-so results, respectively, more big retailers take their turns in the earnings spotlight this week. Wall Street analysts are looking for modest growth from Kohl's Corporation M 0.82%.

Other highlights this week will include the latest quarterly results from Cisco Systems, Inc. (NASDAQ: CSCO) and Applied Materials, Inc. (NASDAQ: AMAT). Analysts on average expect at least some bottom line growth, relative to the year-ago period, from both of them.

Below is a quick look at what is expected from these and some of the week's other most prominent reports.

Applied Materials

This semiconductor equipment maker will post $0.34 in earnings per share (EPS) for its fiscal third quarter, if the consensus of 10 Estimize estimates is accurate. That would be up from $0.28 per share in the same period of last year. Note that Estimize underestimated EPS by a penny in the past three periods.

Revenue for the three months that ended in July is predicted to have risen from $2.26 billion in the year-ago quarter to $2.56 billion, says Estimize. As with EPS, Wall Street is slightly less optimistic on the...


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