Intel (Nasdaq: INTC) is expected to report Q1 earnings on April 16. 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 compress -2.2% and EPS will drop -22.6%.

The average estimate for revenue is $12.63 billion. On the bottom line, the average EPS estimate is $0.41.

Revenue details
 Last quarter, Intel booked revenue of $13.48 billion. GAAP reported sales were 3.0% lower than the prior-year quarter's $13.89 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.48. GAAP EPS of $0.48 for Q4 were 25% lower than the prior-year quarter's $0.64 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 58.0%, 650 basis points worse than the prior-year quarter. Operating margin was 23.4%, 970 basis points worse than the prior-year quarter. Net margin was 18.3%, 590 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $53.78 billion. The average EPS estimate is $1.91.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intel is hold, with an average price target of $23.11.

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