On Wednesday, May 13, Alibaba (BABA), Cisco (CSCO), and Wix (WIX) will report their earnings. Alibaba and Wix will report before the market open, while Cisco’s results will come after the closing bell. Traders are already weighing in with their expectations on Polymarket.
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Wall Street’s Earnings Estimates
- Alibaba is expected to report an adjusted EPS of 84 cents.
- Cisco is expected to report an adjusted EPS of $1.04.
- Wix is expected to report an adjusted EPS of $1.22.
What is Polymarket?
Polymarket is a prediction platform where traders bet on the outcomes of real-world events, including earnings reports, elections, and economic indicators. Polymarket odds reflect expectations and can provide insight into investor sentiment.
Will Alibaba Beat Earnings?
Alibaba has beaten or met earnings estimates during 10 of the past 18 quarters for a success rate of 55.56%. Polymarket gives the Chinese e-commerce and AI company a 68% chance of beating its estimated adjusted EPS of 84 cents.
Will Cisco Beat Earnings?
Cisco has beaten or met earnings estimates during 18 of the past 18 quarters for a success rate of 100%. Polymarket gives the multinational tech conglomerate a 98% chance of beating its estimated adjusted EPS of $1.04.
Will Wix Beat Earnings?
Wix has beaten or met earnings estimates during 16 of the past 18 quarters for a success rate of 88.89%. Polymarket gives the cloud-based website builder a 90% chance of beating its estimated adjusted EPS of $1.22.
Disclosure: Polymarket odds reflect expectations, not guaranteed outcomes. The odds represent the views and expectations of traders, but actual earnings results can differ significantly from these predictions. Investors should treat Polymarket data as just one tool when evaluating their investment decisions.