Inside Intel’s Upcoming Second Quarter Earnings Release

S&P 500 (NYSE:SPY) component Intel Corp (NASDAQ:INTC) will unveil its latest earnings on Wednesday, July 20, 2011. Intel Corporation develops advanced integrated digital technology products for industries such as computing and communications.

Intel Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 51 cents per share, no change from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 45 cents. For the year, analysts are projecting profit of $2.29 per share, a rise of 11.7% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 10 cents, reporting net income of 56 cents per share against a mean estimate of profit of 46 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $12.82 billion in revenue this quarter, a rise of 19.1% from the year ago quarter. Analysts are forecasting total revenue of $53.24 billion for the year, a rise of 22.1% from last year’s revenue of $43.62 billion.

Analyst Ratings: Analysts are bullish on this stock with 25 analysts rating it as a buy, two rating it as a sell and 12 rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 24.7% to $12.85 billion in first quarter. The figure rose 8.4% in the fourth quarter of the last fiscal year from the year earlier, climbed 18.2% in the third quarter of the last fiscal year from the year-ago quarter and 34.2% in the second quarter of the last fiscal year.

Competitors to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Texas Instruments Inc. (NYSE:TXN), Intl. Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corporation (NASDAQ:NVDA), Oracle Corporation (NASDAQ:ORCL), Micron Technology, Inc. (NASDAQ:MU), ARM Holdings plc (NASDAQ:ARMH), and QUALCOMM, Inc. (NASDAQ:QCOM).

Stock Price Performance: During April 18, 2011 to July 19, 2011, the stock price had risen $3.59 (18.4%) from $19.47 to $23.06. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine-straight days, rising 18% (+$3.50) over that span. It saw one of its worst periods between May 18, 2011 and May 24, 2011 when shares fell for five-straight days, falling 5.3% (-$1.27) over that span. Shares are up $2.03 (+9.65%) year to date.

(Source: Xignite Financials)

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