走弱的PC市场让英特尔二季度营收堪忧?
英特尔预计在本周三将公布其2015财年第二季度财报。因为低于预期的PC市场状况,英特尔的财报很可能会不太好看。
英特尔已经因PC部门平平的销售业绩而不得不下调其年度同比衰减5%的预期。该公司希望通过在数据中心业务上的强势增长(预计较去年增长15%)来抵消这部分衰减。据调研机构RBC的数据,英特尔PC业务较去年同期的降幅将达到8%。
Intel Corporation (NASDAQ:INTC) is expected to release its second quarter of fiscal year 2015 (2QFY15) earnings in after-market hours on Wednesday. The company is expected to report a disappointing quarter due to the weaker-than-initially-expected state of the personal computer (PC) market.
The chip maker had initially guided for flat PC unit sales, but then lowered it to mark an expected 5% year-over-year (YoY) decline. It hoped to overcome its declining PC sales with the strength in its data center sales, as it expected them to grow by 15% or more from last year. As revealed by research firm RBC, the company might experience an 8% decline in PC sales compared to last year.
Intel is expected to report GAAP earnings per share (EPS) of $0.50, reflecting an 8.60% decline from last year. The consensus estimates expect Intel’s sales to come in at $13.07 billion, also marking a 5.5% YoY decrease.
The company has an average earnings surprise ratio of 15.51%, and has demonstrated a 4.09% increase in earnings during the last five years. Its sales have climbed up 6.12% since then, and have an average surprise ratio of 1.44%.
For its first quarter (1QFY15), Intel posted mixed results. The company beat the Street on its bottom line by $0.01 as it reported GAAP EPS of $0.41. Its top line, however, slightly missed the Street – by $47 million to be precise – as the company reported sales of $12.78 billion. Over the past eight quarters, the company has beaten consensus earnings estimates four times and consensus sales estimates five times.
While analysts’ estimates for Intel’s sales stick to a mean of $13.07 billion, the company itself had guided for a top line range of $12.7 billion to $13.7 billion. It also increased its gross margin guidance to $62%, while analysts remain at 61.84%. The company also guided for restructuring charges of $120 million, and forecasted a hefty 20% tax rate for 2QFY15.
The sell side has mixed sentiments on Intel stock. Of the 49 analysts currently providing coverage, 23 suggest a Buy, while 19 recommend a Hold rating. The 12-month price target for the stock is $34.43, reflecting a 18.03% upside from yesterday’s closing price.
Intel shares rose 0.83% to trade at $29.17 on Friday’s close.
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