Foolish bottom line
Intel Corporation (NASDAQ:INTC) forecasts revenue of $12.2 billion to $13.2 billion for the quarter. The Street consensus is revenues of $12.7 billion and a $0.41 EPS. The bar is set pretty low for Intel. Several analysts have provided pessimistic guidance and the stock is down 25% over the past year.
Robert Baillieul has no position in any stocks mentioned. The Motley Fool recommends Intel and NVIDIA Corporation (NASDAQ:NVDA). The Motley Fool owns shares of Intel and Qualcomm Inc. (NASDAQ:QCOM).