Intel's Q4 Earnings: What to Expect

Company Overview:

Intel Corporation (INTC), a global leader in computer processors, announces quarterly earnings results tomorrow after market close.

Previous Quarter's Performance:

* Beat revenue expectations by 2%
* Reported revenues of $13.28 billion, a 6.2% decline YoY
* Missed adjusted operating income and EPS estimates

Analysts' Estimates:

* Revenue: $13.8 billion, a 10.4% YoY decline
* Adjusted earnings: $0.12 per share

Analysts' Sentiment:

* Estimates have remained stable over the past 30 days, indicating expectations of consistent performance.

Peer Performance:

* Qorvo: Revenue declined 14.7% YoY, beating estimates by 1.4%
* Texas Instruments: Revenue declined 1.7%, topping estimates by 3.3%

Market Sentiment:

* Semiconductor stocks have remained stable ahead of earnings, with share prices up 1.3% on average over the past month.
* Intel's stock price has not changed during this period.

Technical Analysis:

* Average analyst price target: $23.83
* Current share price: $19.96

Conclusion:

Analysts expect Intel to report revenue decline and modest earnings in Q4. The company's performance will be closely watched in relation to its peers and the broader semiconductor industry.