Today, we are taking a quick look at Cisco Systems (CSCO Quick QuoteCSCO - Free Report) ahead of their earnings release later in the week. This company finds itself in a top-notch industry and shares have been moving higher to start November, but can it keep the trend going following its earnings release?

Well, there are definitely some reasons to believe that CSCO can stay on its solid trajectory, and especially if you consider Cisco’s top 34% industry rank. Additionally, the company just moved up into Zacks Rank #2 (Buy) territory within the past week, largely thanks to rising earnings estimates.

If that wasn’t enough, investors should also note that CSCO has a good fundamental grade of ‘B’, while it hasn’t missed earnings estimates in the past five years. In other words, the deck seems stacked for another beat from CSCO this week, so look for the outlook and growth projections to weigh on shares more than anything.

CISCO SYSTEMS Price, Consensus and EPS Surprise

CISCO SYSTEMS Price, Consensus and EPS Surprise | CISCO SYSTEMS Quote

Cisco Systems reports after the bell on 11/16 and we are looking for earnings of $0.54 per share. Make sure to watch the video for a quick guide to CSCO stock heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information on ways to use options to trade stocks around their quarterly reports:

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