Tue, Sep 2, 2014, 2:54 PM EDT - U.S. Markets close in 1 hr 6 mins

Recent

% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

  • man_of_troy_rules man_of_troy_rules Jan 9, 2013 12:46 AM Flag

    Intel Earnings Preview: Low Expectations

    Intel (INTC), the microprocessor giant, reports its fourth-quarter 2012 financial results on Thursday, Jan. 17 after the final trading bell. This is later than usual for Intel and on a different night for the semiconductor giant. Typically, Intel reports on the Tuesday night of the first full week of earnings.

    Per Thomson Reuters, analyst consensus is looking for $0.45 in earnings per share (EPS) on $13.766 billion in revenues for expected year-over-year declines of 30% in earnings and 1%, respectively. The stock was down 15% in 2012, excluding the dividend.

    The Q4 2012 gross margin guidance in the third-quarter earnings report just crushed the stock, as INTC management lowered the expected Q4 gross margin to 57%, from the third quarter's 63%. Even revenue guidance was lowered for Q4 2012, as the typical seasonal revenue growth is +7% for Q4 2012, but the Street was given a +4% guidance range to chew on.

    Since the October earnings report EPS estimates have been further reduced to the $0.45 from the $0.47 estimate we saw immediately after earnings, even as revenue estimates have actually ticked a little higher, from $13.618 to $13.766 in the last three months. (That likely means gross margin continues to get squeezed in the analyst models.)

    Readers don't need a re-hash of what has pushed Intel to such cheap levels:

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
INTC
34.5301-0.3899(-1.12%)2:54 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.