Intel (Nasdaq: 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.