3 Tech Bellwethers Preparing Investors for New Direction

Intel Corp (NASDAQ:INTC) will unveil its latest earnings on Tuesday, April 17, 2012.  The average estimate of analysts is for profit of 50 cents per share, a decline of 10.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 52 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 50 cents during the last month. Analysts are projecting profit to rise by 0.4% versus last year to $2.45.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 64 cents per share against a mean estimate of profit of 61 cents per share. Analysts predict a decline of 0.2% in revenue from the year-earlier quarter to $12.82 billion.

International Business Machines Corp. (NYSE:IBM) will unveil its latest earnings on Tuesday, April 17, 2012. The average estimate of analysts is for net income of $2.63 per share, a rise of 13.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $2.66. Between one and three months ago, the average estimate moved down. It has risen from $2.62 during the last month. For the year, analysts are projecting profit of $14.86 per share, a rise of 11.1% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 9 cents, reporting net income of $4.71 per share against a mean estimate of profit of $4.62 per share.Analysts are projecting a rise of 0.7% in revenue from the year-earlier quarter to $24.77 billion.