Intel Q4 Results Due Out After The Close...

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Intel Corporation
INTC
Q4 results are due after the close on Thursday. The Santa Clara, California-based chipmaker posted its last posted quarterly earnings of $0.64 per share for their fiscal period which closed on September 30, 2015. Analysts have shared their views this week on Intel's preview earnings. Shares of Intel are presently trading higher at 1.03 percent on Thursday. On Thursday, Roth Capital Partners analysts issued a Buy rating with a $31.91 PT on Intel. "While PC industry volumes may decline by 7 to 10 percent in 2016, we expect modest improvements in 4Q15 and 2016 due to Windows 10 refresh with new Skylake platform offsetting weakness in Asia and losses in smartphone/tablet segment," the firm noted. Roth Capital Partners also forecasts strength in datacenter, flash memory SSD, and embedded/IOT platform demand and stable gross margins of 63 percent for Intel in 2016. Summit Research issued a Buy rating with a PT of $40 on Monday for Intel. "We expect Intel to meet C4Q15 revenue guidance and likely meet the EPS guidance as well. Windows 10 and Skylake should help in meeting and possibly beating the guidance. DCG (Datacenter group) should remain strong and with the help of Windows 10 and Skylake CCG (Client computing) should do better than expected. Server sales should have been seasonally strong as well," the firm commented. Analysts at Pacific Crest issued an Overweight rating with a PT of $37.00 on Monday for Intel. "We expect Q4 results to exceed consensus estimates. Driven by stronger inventory restocking, order pull-ins from 1Q16 by PC OEMs, the launch of low end to midrange Skylake/Win10 models, better demand in China, and tablet saturation in emerging markets, notebook ODMs unit shipments closed flat q/ q in Q4, well above original expectations of a 6% q/q decline," the firm noted.
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