April 17 - 'Undervalued' Intel could beat earnings estimates by $0.05 thanks to projected demand for its new processor according to a top rated StarMine analyst.
Intel is set to see it hit an earnings that are reports after the close but according to start -- and things may not be as bad as they've seen. With Mark Thompson Reuters -- around -- joins me to run -- -- -- poll says Intel's and -- fifty cents a share that beat down from 56 cents a year ago. But I know start my it is a bit more optimistic. Yes that is there is that I thought analysts who was given Intel a bold estimate of 55 cents. This is five cents higher than the consensus me so what we've seen is that estimates have gone up for now. Why bullish -- Well it's gonna introduce a new processor later this year which can support when those eight. And analysts are very optimistic about it and therefore have given. Anti higher earnings estimates which we predict they're going to be going for the next quarter. So is the stock potentially -- -- -- especially looking forward with that group. Yes it is according to -- mine this function be trading at about fifteen dollars higher at 43 dollars right now. As opposed to the twenty dollars. And thanks so much -- -- I've got out there this is writers.