InvestorsHub Logo
icon url

ChipGeek

01/07/08 12:59 PM

#55743 RE: Sarmad #55722

Sarmad,

I think this person has a point. Go back to techno_bull's original post, and click on that link. I think the headline is wrong, and should indeed read Q4, 2006. Here is the first paragraph:

"Banc of America Securities said it raised its earnings estimates on chipmaker Intel Corp. (INTC.O: Quote, Profile, Research) to 27 cents a share from 26 cents for the fourth quarter and to $1.27 a share from $1.25 for 2007."

First of all, there is no way that any analyst could currently have a Q407 estimate of only $0.26, and raise it to only $0.27. I think the lowest estimates out there are for EPS of $0.35. Consensus is around $0.40.

Second of all, the full-year estimate for 2007 is phrased in a way that implies a full-year estimate for next year. I have seen several sell-side reports that include an estimate for this Q4, immediately followed by an estimate for 2008 (most of which are in the $1.50-$1.60 range).

And finally, the article is indeed dated Jan. 4th, 2007. I think the headline is wrong, and nothing should be read into this year-old article.
icon url

VistaViewer

01/07/08 8:58 PM

#55777 RE: Sarmad #55722

Sarmad, The estimated earnings for Q4 2007 is .40

NOT .26 as in:

"...Banc of America Securities said it raised its earnings estimates on chipmaker Intel Corp. (INTC.O: Quote, Profile, Research) to 27 cents a share from 26 cents for the fourth quarter and to $1.27 a share from $1.25 for 2007."

He is referring to Q4 2006. You are at least one year off.

And why would an analyst post in Jan 2006 about Q1 2006 AND Q4 2007?

That doesn't make any sense at all, except maybe in your mind.

VV