Earnings Watch For May 14 (CSCO, DE, M, JACK, NTES)

(RTTNews) - Cisco Systems, Inc. (CSCO) is scheduled to report third quarter results after the markets close. The world's largest computer networking gear maker is expected to post earnings of $0.48 per share, lower than the year-ago quarter's $0.51 per share. Also, the company is anticipated to generate revenues of $11.38 billion, down from $12.22 billion reported a year earlier. CSCO closed Tuesday's regular trade at $22.86. (52-wk H/L $26.49/$20.22)

Farm & construction machinery maker Deere & Co. (DE) is expected to report second quarter results before the market opens. The earnings of the company are expected to decline $2.48 per share from the prior year's $2.76 per share. Further, revenues are anticipated at $9.65 billion, down from the $10.26 billion reported a year ago. The company's shares closed Tuesday at $93.61. (52-wk H/L $94.89/$79.50)

Department store chain Macy's, Inc. (M) will report its first quarter results before the opening bell. The Cincinnati, Ohio-based retailer's earnings are expected to rise to $0.59 per share from $0.55 per share last year, while revenues are anticipated to increase to $6.46 billion from last year's $6.39 billion. The stock closed Tuesday at $57.84. (52-wk H/L $61.26/$42.18)

Restaurant operator Jack in the Box Inc. (JACK) is slated to report second quarter results after the markets close. The earnings of the San Diego-based company are expected to surge to $0.52 per share from $0.37 per share reported a year earlier. However, quarterly revenues are anticipated to fall to $338.98 million from last year's $355.62 million. The company's shares closed Tuesday's session at $55.31. (52-wk H/L $62.90/$35.72)

NetEase Inc. (NTES), a Chinese online games website operator, is due to report its first quarter results. The earnings for the quarter are expected to be $1.40 per share, up from the prior year's $1.32 per share. The company is expected to report revenue of $390.89 million, higher than the $346.59 million recorded in the year-ago quarter. On the Nasdaq, the shares closed Tuesday at $71.43. (52-wk H/L $84.35/$54.82)