The earnings season is wrapping up, but there are still some key names set to report, which could provide insight into the health of the consumer. Just seven S & P 500 names are slated to post their quarterly figures, including Home Depot and Walmart. Overall, 92% of the S & P 500 has already reported, with nearly 80% of those companies beating expectations, per FactSet. Take a look at CNBC Pro's breakdown of what's expected from some of this week's key reports.
The company also said it would lay off 5% of its workforce . This quarter: Analysts polled by LSEG expect double-digit earnings and revenue declines from the legacy tech giant. What CNBC is watching: Cisco shares are down about 5% year to date, making their valuation "inexpensive" in the near term, according to JPMorgan. However, analyst Samik Chatterjee said the medium-to-long term earnings outlook for the company is muted, which could be reflected in this upcoming report.
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