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Why Intel (INTC) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel (INTC), which belongs to the Zacks Semiconductor - General industry, could be a great candidate to consider. This world's largest chipmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1,143.75%. For the last reported quarter, Intel came out with earnings of $0.15 per share versus the Zacks Consensus Estimate of $0.08 per share, representing a surprise of 87.50%. For the previous quarter, the company was expected to post earnings of $0.01 per share and it actually produced earnings of $0.23 per share, delivering a surprise of 2,200.00%. Price and EPS Surprise For Intel, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks
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- Intel (INTC) is now covered by Citigroup Inc.. They set a "buy" rating on the stock.[MarketBeat]
- Intel (INTC) was upgraded by BNP Paribas Exane from "underperform" to "buy".[MarketBeat]
- Intel (INTC) was upgraded by Raymond James Financial, Inc. from "market perform" to "outperform".[MarketBeat]
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