Does the Street Have Intel Figured Out?
Intel (NAS: INTC) is expected to report Q2 earnings on July 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intel's revenues will increase 4.0% and EPS will wane 6.8%.
The average estimate for revenue is $13.56 billion. On the bottom line, the average EPS estimate is $0.55.
Last quarter, Intel recorded revenue of $12.91 billion. GAAP reported sales were 0.5% higher than the prior-year quarter's $12.85 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.56. GAAP EPS of $0.53 for Q1 were 5.4% lower than the prior-year quarter's $0.56 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 64.0%, 260 basis points better than the prior-year quarter. Operating margin was 29.5%, 290 basis points worse than the prior-year quarter. Net margin was 21.2%, 340 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $56.69 billion. The average EPS estimate is $2.54.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 8,870 members out of 9,460 rating the stock outperform, and 590 members rating it underperform. Among 2,022 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,930 give Intel a green thumbs-up, and 92 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intel is outperform, with an average price target of $27.98.
Can your retirement portfolio provide you with enough income to last? You'll need more than Intel. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add Intel to My Watchlist.
At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Intel. Motley Fool newsletter services have recommended buying shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.