CVS Health and Cisco earnings, Powell's second day on the Hill: 3 things to watch on Wednesday

📆 12/02/2020 00:31:00
📰 CNBC

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We'll get earnings from CVS Health and Cisco Systems, as well as Federal Reserve Chairman Jerome Powell's second day of testimony to Congress.

1. CVS set to report

Mizuho Securities said it will be looking for reiteration of CVS's 2020 retail operating profit growth guidance of low-single digits, as well as progress on the HealthHUB program.Networking hardware company Cisco Systems will report fiscal second quarter earnings after the bell on Wednesday. Analysts polled by FactSet are expecting earnings of 83 cents per share on revenue of $11.974 billion. In the same quarter a year prior, Cisco earned 83 cents per share on revenue of $12.446 billion.

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I heard Jay Powell on CNBC, I had to kill the sound to stay awake at my desk!

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