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Your Two Minute Earnings Preview for Intel (INTC) Stock

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Today’s quick video takes a closer look at Intel (INTC - Free Report) ahead of its earnings release. This chip maker is a behemoth with a market cap of over $170 billion, while it is also a bellwether in the space, so its results are likely to have a big impact on the broader sector at large.

Fortunately for INTC investors, as well as those focused on the semiconductor space, things are looking relatively good. The industry rank is in the top 15%, while the company was just upgraded to a strong buy within the past week.

The company also has a positive Earnings ESP of 1.4% which is a strong indication of a beat considering that the stock has a Zacks Rank #1. And given that INTC hasn’t missed estimates since January 2013, it is clear that company management has gotten a handle on managing expectations.

INTEL CORP Price, Consensus and EPS Surprise

INTEL CORP Price, Consensus and EPS Surprise | INTEL CORP Quote

However, it isn’t all good news for INTC, as the company does have a ‘D’ for its VGM score, suggesting weak overall fundamentals. The space has also run up nicely in the past few months, so there are some concerns that stocks here are overbought. It will be up to INTC to prove these naysayers wrong, and with a strong rank and a solid last few reports, it does look as though history may at least be on its side heading into the release.

Intel reports on October 18th after the bell, and we are looking for earnings of $0.72/share. Make sure to watch the video above for a quick guide to INTC heading into the report, but if you want to hear David Bartosiak's thoughts on Intel along with options insight, then watch the video below.

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