Core Viewpoint - Analysts forecast Intel (INTC) will report quarterly earnings of 12.32 billion, down 3.2% from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 2.1% in the last 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Net Revenues- Total Intel Products Group- Client Computing Group' will reach 1.41 billion, reflecting a 3.1% increase from the prior year [5]. - 'Net Revenues- Total Intel Products Group- Data Center and AI' is expected to be 4.25 billion, down 2.7% from the previous year [6]. - 'Net Revenues- All other- Mobileye' is projected to reach 140.08 million, indicating a decline of 27.8% from the year-ago quarter [7]. Stock Performance - Intel shares have decreased by 21% in the past month, compared to a 6.9% decline in the Zacks S&P 500 composite [7].
Seeking Clues to Intel (INTC) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics