Intel has drawn heavy investor attention after shares of the world's largest chipmaker returned +38.3% over the past month, far outpacing the Zacks S&P 500 composite's +0.7% change, while the Zacks Semiconductor - General industry gained 10.5% over the same period. For the current quarter, Intel is expected to post earnings of $0.39 per share, a change of +69.6% from the year-ago quarter, though the Zacks Consensus Estimate has moved -0.2% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $1.5 points to a change of +257.1% from the prior year and has risen +5.6% over the last 30 days, while the next fiscal year's estimate of $1.96 indicates a change of +31% and has moved +1.9% over the past month. The consensus sales estimate of $16.36 billion for the current quarter points to a year-over-year change of +19.8%, with $62.25 billion and $70.89 billion expected for the current and next fiscal years, changes of +17.8% and +13.9% respectively. Intel's last reported quarter showed revenues of $16.13 billion, up +25.4% year over year, and EPS of $0.42 versus -$0.1 a year ago, beating the Zacks Consensus revenue estimate of $14.41 billion by +11.89% with an EPS surprise of +100%; the stock carries a Zacks Rank #3 (Hold) and a Zacks Value Style Score of F.
Intel CorporationIntel shares surged 38.3% and consensus earnings estimates point to +257.1% growth for the fiscal year, with the estimate rising 5.6% over the last 30 days.
