INTC - Intel Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates | Benzinga
Wall Street analysts expect Intel (NASDAQ: INTC) to post quarterly earnings of $0.13 per share in its upcoming report, which indicates a year-over-year increase of 425%. Revenues are expected to be $12.76 billion, up 8.9% from the year-ago quarter.
Over the last 30 days, there has been a downward revision of 5.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies ...