Earnings Preview: Intel Reports Results Thursday

| About: Intel Corporation (INTC)

Intel Corporation (NASDAQ:INTC) is scheduled to release last fiscal quarter's results after the closing bell on January 19, 2012.

Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. The company was founded in 1968 and is based in Santa Clara, California. INTC trades an average of 40.8 million shares per day.

52 Week High: $25.92
52 Week Low: $19.16
Book Value: $9.01
Float Short: 2.31%

On average, 36 analysts are expecting a drop of $-0.04 in earnings per share compared to last quarter's results of $0.65. The reporting quarter's estimated mean earnings are $0.61 per share. Analyst estimates range between $0.58 and $0.7 per share.

The current trailing twelve months P/E ratio is 10.5. The forward P/E ratio is 10.47. While we may not be expecting much in this report, I am bullish with Intel and believe the current multiple to be a very good value. Intel in my opinion makes a very goog core holding in long term retirement and investing accounts. After its recent run up in price, I would tend to want to wait for a pullback, but trying to buy under $20 may be a challenge.

Revenue year-over-year has increased to $43.62 billion for 2010 vs. $35.13 billion for 2009. The bottom line has rising earnings year-over-year of $11.46 billion for 2010 vs. $4.37 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $15.59 billion for 2010 vs. $5.71 billion for 2009.Rising revenue along with rising earnings is a very good sign, and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for INTC

Gross reported revenue compared to the mean estimate (rounded):

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 13.88 B $ 14.23 B $ 356.20 M 2.57%
Jun-11 $ 12.83 B $ 13.03 B $ 206.60 M 1.61%
Mar-11 $ 11.58 B $ 12.88 B $ 1.30 B 11.23%
Dec-10 $ 11.36 B $ 11.46 B $ 93.40 M 0.82%
Sep-10 $ 10.99 B $ 11.10 B $ 111.20 M 1.01%

M = millions, B = billions.
Differences are rounded.
Some onetime items are often excluded in reported EPS.

paid2trade.com Quarterly Estimates And Actual EPS results INTC Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for INTC:

paid2trade.com short interest tool. The total short interest number of shares for INTC

The number of days to cover short interest based on average daily trading volume for INTC:

paid2trade.com number of days to cover short interest based on average daily trading volume for INTC

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in INTC over the next 72 hours.