Chipped (INTC Earnings)
Semiconductor firm Intel releases Q1 results tonight after the close with a conference call slated to begin at 5:00 p.m. ET.
The Capital IQ Consensus Estimate sees Q1 EPS of $0.87 (vs $0.87 a year ago) on revenue declines of about 0.4% to $16.03 billion.
INTC's Q1 guidance stands at EPS of $0.87 on sales of approximately $16.0 billion. The company will likely give a Q2 outlook and update FY19 guidance in the press release.
This is the first period to report under the new/promoted CEO Robert Swan at the permanent helm and former Qualcomm (QCOM) CFO George Davis as Intel's new CFO.
TECHS:
Intel moved to better than 18-year highs last week.
Intel currently trades at about 3.9x forward sales vs peers Texas Instruments (TXN) 7.6x, Micron's (MU) 2.3x, and Advanced Micro's (AMD) 4.5x multiples.
FREE STUFF & SHAMELESS PLUGS:
This week’s in depth earnings packet can be purchased here:
http://www.everytimeicash.com/digitalcontent/earnings-pack-for-week-ending-4-26-19
Check out the latest episode from my podcast below.
FREE Trading Packet
Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.