Deutsche Bank Previews Intel Corporation Ahead of Q3 Earnings - Intel (NASDAQ:INTC)

27% profit every 20 days?

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In the run-up to Intel Corporation's (NASDAQ: INTC) third quarter earnings report, Deutsche Bank analyst, Ross Seymore issued a preview of his expectations for the quarter.Seymore commented, "We continue to believe INTC shares have a number of beneficial tailwinds going forward. In the near term, we expect solid 3Q results and 4Q guidance, the latter likely being somewhat of a rarity in the semi sector."Q3 Estimates

Revenue: $14.4 billion
Gross Margin: +150 bps to 66 percent
EPS: $0.64
Buybacks: $4 billion

Q4 Estimates

Revenue: $14.5 billion
EPS: $0.61
Buybacks: $2.5 billion

Deutsche Bank currently rates Intel Corporation a Buy with a $40 price target.

27% profit every 20 days?

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