FMP
Jul 29, 2022 6:27 PM - Davit Kirakosyan
Intel Corporation (NASDAQ:INTC) shares were trading more than 9% lower Friday morning following the company’s reported Q2 results, with EPS coming in at $0.29, worse than the Street estimate of $0.70. Revenue dropped 17% year-over-year to $15.3 billion, compared to the Street estimate of $17.96 billion.
According to the analysts at Deutsche Bank, the primary drivers of the miss were not only well-understood macro/industry-wide issues, but also co-specific execution issues. Macro-related expectation “resets” have become increasingly common in the semi-sector, but in Intel’s case, the analysts doubt taking this action will be viewed as a clearing event, with many investors likely to question if this delay impairs the company’s transformation plan (IDM 2.0, etc.), despite management reiterating its long-term confidence.
The company anticipates Q3 EPS to be $0.35, compared to the Street estimate of $0.87, and revenue to be in the range of $15-16 billion, compared to the Street estimate of $18.62 billion.
For the full 2022 year, the company expects EPS to be $2.30, compared to the Street estimate of $3.42, and revenue to be in the range of $65-68 billion, compared to the Street estimate of $74.3 billion.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...