U.S. markets look to extend their winning streak to 3 days, as U.S. stock futures are flat in the pre-market hours despite disappointing earnings reports from Disney (DIS - Get Report) and Molycorp (MCP). However, the majority of the earnings focus will be on Cisco (CSCO - Get Report), reporting after the bell -- the company has a lot to prove.Analysts are expecting Cisco to earn 37 cents a share on sales just under $1 billion. Gross profit margins are expected to fall from 65% to 62% from a year earlier. The stock is down 13% year-to-date and has an average downside of 11% after the past four quarterly reports. As a result, investors will be wondering if a repeat performance is coming ... or will Cisco surprise to the upside.
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