Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

Intel Earnings Preview: Sales Growth Returns

Tue, Jan 5, 2:28 PM ET, by EarningsPreviews.com

Intel (INTC: 20.72 -0.77%) is scheduled to report their fourth quarter 2009 results after the market closes on Thursday, January 14, 2010. Based on our analysis, we at EarningsPreviews.com are expecting INTC to report better than expected quarterly results that will exceed Wall Street's consensus expectations.

Analyst Expectations

We are forecasting revenues of $10.24 billion and EPS of $.31. This would represent a 24% increase in revenues from last year's $8.23 billion in the same period. The current analyst consensus estimates calls for revenues of $10.16 billion and EPS of $.30. On October 13, the company provided fourth quarter revenue guidance of $9.7 - $10.5 billion.

After four consecutive quarters of y/y revenue declines, Intel is expected to return to positive sales growth this quarter. Unfortunately, Intel's profitability will be impacted this quarter by their $1.25 billion legal payment to Advanced Micro Devices (AMD: 9.73 +0.31%) to settle their outstanding antitrust and patent dispute. However, the key story that investors should take notice of will be their impressive top-line growth.

As the global economy continues to improve, Intel is benefitting from increasing demand for microprocessors and chipsets. Gartner is forecasting a 3.3% growth in enterprise IT spending in 2010 after a decline of nearly 7% in 2009. Intel's shares have rallied on the improving economic outlook and are trading near their 52-week high.

Stock Performance

In 2009, Intel's shares posted an impressive 39% gain and outperformed the 19% gain in the Dow Jones industrial average. Since the end of February 2009, INTC's stock price has surged 164%.

Valuation

Shares are now trading at 14x consensus 2010 EPS estimates. This is a slight discount to the relative valuations of their peer group. Despite the strong performance of Intel's stock in 2009, there valuation still looks attractive and we would expect their stock price to climb higher in 2010.

Recommendation: Buy with a $24 price target


SDI Glossary: "Analyst" Definition
SDI Glossary: "price" Definition
SDI Glossary: "Earnings" Definition
SDI Glossary: "EPS" Definition
SDI Glossary: "Stock" Definition
This Article's Word Cloud:   Advanced   Despite   INTC   Intel   Recommendation   Street   This   after   analysis   benefitting   billion   company   consensus   demand   economic   estimates   expected   forecasting   fourth   from   gain   growth   have   impacted   impressive   increasing   line   nearly   outperformed   positive   posted   price   provided   quarter   relative   report   results   return   revenue   revenues   shares   still   stock   that   their   this   trading   valuation   will   would

| More

JP Morgan Surprises Wall Street With Impressive Growth
Mon, Feb 17, 3:43 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Wed, Aug 21, 4:33 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Fri, Feb 22, 3:24 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Sun, Aug 26, 4:14 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Tue, Feb 28, 2:53 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Thu, Sep 1, 3:50 PM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

JP Morgan Surprises Wall Street With Impressive Growth
Thu, Jul 14, 9:14 AM ET, by EarningsPreviews.com

JP Morgan Chase reported second quarter 2011 results before the market opened today that exceeded ...

YUM Brands Reports Strong Growth in China
Wed, Jul 13, 5:34 PM ET, by EarningsPreviews.com

YUM Brands reported second quarter 2011 results after the market closed today that exceeded Wall ...

Citigroup Earnings Preview: Second Quarter 2011
Wed, Jul 13, 5:24 PM ET, by EarningsPreviews.com

Citigroup is scheduled to report their second quarter 2011 results before the market opens on ...

Google Earnings Preview: Second Quarter 2011
Tue, Jul 12, 10:34 AM ET, by EarningsPreviews.com

Google is scheduled to report their second quarter 2011 results after the market closes on ...

Alcoa Reports Disappointing Earnings Despite Strong Revenue Growth
Mon, Jul 11, 4:54 PM ET, by EarningsPreviews.com

Alcoa reported second quarter 2011 results after the market closed today that mixed versus Wall ...

JP Morgan Chase Earnings Preview: Second Quarter 2011
Mon, Jul 11, 10:14 AM ET, by EarningsPreviews.com

JP Morgan Chase is scheduled to report their second quarter 2011 results before the market ...

YUM Brands Earnings Preview: Second Quarter 2011
Sun, Jul 10, 3:44 PM ET, by EarningsPreviews.com

YUM Brands is scheduled to report their second quarter 2011 results after the market closes ...

Alcoa Earnings Preview: Second Quarter 2011
Sat, Jul 9, 2:54 PM ET, by EarningsPreviews.com

Alcoa is scheduled to report their second quarter 2011 results after the market closes on ...

Previews of the Key Earnings Reports This Week
Sat, Apr 16, 10:24 AM ET, by EarningsPreviews.com

Third quarter earnings season is off to a good start, but another group of key ...

September 20 Market Week in Preview
Sat, Mar 19, 10:51 AM ET, by Scott V. Nystrom

All eyes will be on housing as homebuilders post earnings and housing-related economic reports are ...

Previews of the Key Earnings Reports This Week
Mon, Oct 18, 10:14 AM ET, by EarningsPreviews.com

Third quarter earnings season is off to a good start, but another group of key ...

5 Key Earnings Reports to Pay Attention to This Week
Mon, Oct 11, 11:54 AM ET, by EarningsPreviews.com

Going into the third quarter earnings season, many investment professionals are being very cautious and ...

Pepsi and Costco Highlight This Week’s Earnings Reports
Mon, Oct 4, 5:54 PM ET, by EarningsPreviews.com

Mad Money host Jim Cramer gave investors a preview of the key earnings reports coming ...

September 20 Market Week in Preview
Mon, Sep 20, 10:41 AM ET, by Scott V. Nystrom

All eyes will be on housing as homebuilders post earnings and housing-related economic reports are ...

Economic and Earnings Preview: Week of September 13
Mon, Sep 13, 9:11 AM ET, by Scott V. Nystrom

Bank stocks rise in Europe and Asia on the new Basel III agreement. Investors will ...

Equity Futures Point to Lower Open
Tue, Sep 7, 8:51 AM ET, by Scott V. Nystrom

Futures point to a lower opening on Wall Street after a long Labor Day weekend. ...

Earnings Preview for the Week of July 19-23, 2010
Tue, Jul 20, 11:21 AM ET, by Scott V. Nystrom

U.S. stock futures signal positive open as second quarter earnings season kicks into high gear. ...

7 Key Earnings Reports This Week
Mon, Jul 19, 3:14 PM ET, by EarningsPreviews.com

On Fridays Mad Money program, host Jim Cramer highlighted 7 key earnings reports this week ...

Coca Cola Earnings Preview
Sat, Jul 17, 10:24 AM ET, by EarningsPreviews.com

Coca Cola is in the unusual position of underperforming their competitors this year. Coca ...

Boston Scientific Earnings Preview
Fri, Jul 16, 2:54 PM ET, by EarningsPreviews.com

Boston Scientific will likely deliver earnings results that disappoint Wall Street this quarter and could ...

Pepsi Earnings Preview
Thu, Jul 15, 12:24 PM ET, by EarningsPreviews.com

Pepsi (PEP: 63.29 -0.42%) is scheduled to report their second quarter 2010 results before the ...

Johnson & Johnson Earnings Preview
Thu, Jul 15, 12:14 PM ET, by EarningsPreviews.com

Johnson & Johnsons track record indicates that they will deliver another solid quarter. Johnson ...

Goldman Sachs Earnings Preview
Thu, Jul 15, 11:54 AM ET, by EarningsPreviews.com

Goldman Sachs will likely deliver quarterly results that exceed Wall Streets expectations, but the headline ...

IBM Earnings Preview
Thu, Jul 15, 11:14 AM ET, by EarningsPreviews.com

Investors are expecting a strong quarter from IBM with double-digit earnings growth anticipated. IBM ...

Earnings Preview: The Week Ahead for July 12-16, 2010
Mon, Jul 12, 8:51 AM ET, by Scott V. Nystrom

Global equity markets are mixed on Monday morning. Second quarter earnings season kicks off the ...

JP Morgan Earnings Preview
Fri, Jul 9, 9:54 AM ET, by EarningsPreviews.com

The safest bank on Wall Street is expected to report another solid quarter despite the ...

Early Indicators of Second Quarter Earnings Reports
Mon, Jun 28, 11:54 AM ET, by EarningsPreviews.com

The second quarter earnings season will kick off on July 12, but several earnings reports ...

Barnes & Noble Earnings Preview
Tue, Jun 22, 3:24 PM ET, by EarningsPreviews.com

Concerns over market share losses will likely be the focus on next weeks earnings call. ...

Key Sectors Reporting Earnings This Week
Mon, Jun 21, 2:54 PM ET, by EarningsPreviews.com

The recent market rally has not been without skeptics. Mad Money host Jim Cramer is ...

Oracle Earnings Preview
Fri, Jun 18, 3:44 PM ET, by EarningsPreviews.com

Barring any integration issues with the Sun Microsystems acquisition, Oracle should report a solid quarter. ...

Adobe Systems Earnings Preview
Fri, Jun 18, 3:24 PM ET, by EarningsPreviews.com

Wall Street analysts have been getting more conservative over Adobe Systems earnings prospects. Adobe is ...

Nike Earnings Preview
Thu, Jun 17, 5:44 PM ET, by EarningsPreviews.com

Nikes stock price has been climbing ahead of next weeks earnings report. Nike is expected ...

Walgreens Earnings Preview
Wed, Jun 16, 12:44 PM ET, by EarningsPreviews.com

Investors are lowering their expectations ahead of Walgreens quarterly earnings results. Walgreens is expected to ...

Microsoft Earnings Preview: Windows 7 Demand Strong
Mon, Apr 19, 12:54 PM ET, by EarningsPreviews.com

Microsoft (MSFT: 30.87 +0.65%) could see their third consecutive earnings beat when the tech giant ...

Amazon Earnings Preview: Positive Trends Continue
Sun, Apr 18, 11:44 AM ET, by EarningsPreviews.com

Amazon (AMZN: 142.171 -2.50%) shares could see a nice jump when the ecommerce stock reports ...

Netflix Earnings Preview: Valuation Concerns Escalating
Sat, Apr 17, 11:24 AM ET, by EarningsPreviews.com

Netflix (NFLX: 85.31 -1.75%) shares have soared 67% since their last quarterly earnings report, so ...

Yahoo Earnings Preview: Earnings Beat Expected
Fri, Apr 16, 12:34 PM ET, by EarningsPreviews.com

We see potential for a nice earnings beat when Yahoo (YHOO: 18.03 -4.96%) reports their ...

Apple Earnings Preview: Another Strong Quarter Ahead
Fri, Apr 16, 10:34 AM ET, by EarningsPreviews.com

Apple (AAPL: 250.74 +0.73%) is expected to once again blow away analyst estimates when they ...

Google Earnings Preview - First Quarter 2010
Mon, Apr 12, 4:14 PM ET, by EarningsPreviews.com

Internet giant Google (GOOG: 572.73 +1.15%) is scheduled to report their first quarter 2010 results ...

JP Morgan Chase Earnings Preview - First Quarter 2010
Fri, Apr 9, 11:44 AM ET, by EarningsPreviews.com

JP Morgan Chase (JPM: 45.85 +0.20%) is scheduled to report their first quarter 2010 results ...

Intel Earnings Preview - First Quarter 2010
Fri, Apr 9, 10:24 AM ET, by EarningsPreviews.com

Intel (INTC: 22.475 +0.74%) will be the second Dow stock to report their first quarter ...

Alcoa Earnings Preview - Kicking Off Earnings Season
Tue, Apr 6, 5:14 PM ET, by EarningsPreviews.com

Alcoa (AA: 15.03 +2.04%) kicks off the first quarter earnings season next week when they ...

Market and Earnings Preview: Apple (NASDAQ: AAPL) Shares Down in Pre-market
Mon, Apr 5, 9:12 AM ET, by Scott V. Nystrom

U.S. stock futures pointed to a solid open on Monday in reaction to Friday’s news ...

Bullish Investors Drive Stocks Higher
Thu, Apr 1, 5:22 PM ET, by Scott V. Nystrom

U.S. stocks start the second quarter by jumping higher on positive economic data. ...

Related videos | all videos »
  More articles:  1 2 3 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Intel Earnings Preview: Sales Growth Returns | Self Directed Investor | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of over 1000 individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.