Intel Corporation (INTC):
Information Technology – Semiconductors | Reports July 27th, AMC.
The Estimize consensus calls for EPS of $.69, one cent higher than the Wall Street consensus and an increase of 15% YoY. Currently, the Estimize community is looking for sales of $14.46B, which is roughly inline with the Street ($14.41B). Check out the Estimize website to see our prediction for Gross Margins.
The last four quarters Intel posted higher than expected EPS, however this quarter may prove to be different. Investors will be all ears to see how Intel gauges and looks to respond to the competitive landscape, specifically AMD which put up impressive top and bottom-line beats yesterday. Intel prides themselves on their chip manufacturing segment and their ability to push out new technology. However, their new 10-nanometer technology has been lacking of late. Initially the 10nm technology was slated to release in 2015, but now the release date seems to be end of 2017 or beginning of 2018.
Electronic Arts Inc. (EA):
Information Technology – Software | Reports July 27th, AMC.
The Estimize consensus calls for EPS of $.32, four cents higher than the Wall Street consensus, and an astounding increase of 300% YoY. Currently, the Estimize community is looking at revenue of $778.2M, which is slightly more optimistic than the Street ($765.86M). Check out the Estimize website to see our prediction for Digital Net Sales.
The videogame maker reports Q1 earnings tomorrow, and investors are not expecting much due to the lack of popularity behind their new game, Andromeda. Other than Mass Effect: Andromeda their were no other major games released. When Mass Effect was being released EA expected 3 million copies to be sold however only about 1 million were sold. However, in the UK it held the top spot for several weeks and sits at the 7th best selling game in 2017. All of these facts may not seem terrible, however EA and investors expected more. Overall, EA always has older games which still are producing revenue to fall back on.
