NEW YORK (TheStreet) --Shares of Intel were gaining 3% to $32.41 after-hours Tuesday after the chipmaker met analysts' estimates for earnings in the first quarter. Intel reported earnings of 41 cents a share for the first quarter, in line with analysts' estimates. The chipmaker reported revenue of $12.78 billion for the first quarter, flat compared to the year-ago quarter andbelow analysts' estimates of $12.90 billion for the quarter. Revenue from the Client Computing Group fell 8% year over year to $7.4 billion in the quarter, and revenue from the software and services segments fell 3% to $534 million. Revenue from the Internet of Things group grew 11% from the year-ago quarter to $553 million, and Data Center Group revene grew 19% to $3.7 billion. The company said it expects revenue of $12.7 billion to $13.7 million for the second quarter. Analysts expect the company to report revenue of $13.51 billion for the second quarter. TheStreet Ratings team rates INTEL CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate INTEL CORP (INTC) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow." You can view the full analysis from the report here: INTC Ratings Report INTC data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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