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Net profit was $ 5.2 billion compared with a loss a year earlier. Adjusted EPS rose to $ 1.28 per share and exceeded expectations - $ 1.22.
However, analysts expect a slowdown in demand for microcircuits from the side of cloud giants, which will have a negative impact on the revenue in 2019. Moreover, they believe that the fall in demand in China will continue, and the prolonged trade war may exacerbate the current situation.
In the current quarter, the company lowered its revenue forecast to $ 16 billion, compared with the consensus of $ 17.29 billion, and the profit forecast is even worse - by 14% below market expectations.
Another significant risk for the company is prolonged absence of a permanent CEO, which may adversely affect the future strategy with the appearance of a new manager.
Intel seeks to increase its dividends. Based on the current stock price, analysts believe the dividend yield of INTC will increase by 8% and will be 2.61%.
source: ft.com
However, analysts expect a slowdown in demand for microcircuits from the side of cloud giants, which will have a negative impact on the revenue in 2019. Moreover, they believe that the fall in demand in China will continue, and the prolonged trade war may exacerbate the current situation.
In the current quarter, the company lowered its revenue forecast to $ 16 billion, compared with the consensus of $ 17.29 billion, and the profit forecast is even worse - by 14% below market expectations.
Another significant risk for the company is prolonged absence of a permanent CEO, which may adversely affect the future strategy with the appearance of a new manager.
Intel seeks to increase its dividends. Based on the current stock price, analysts believe the dividend yield of INTC will increase by 8% and will be 2.61%.
source: ft.com