Intel Drops As Analysts Cut Estimates Following Management Commentary

Seeking Alpha2022-06-08

Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to "talk down the quarter," citing worsening conditions.

Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.

Danely added he expects Intel (INTC) "to negatively pre-announce or miss [second-quarter] guidance" after comments made by Intel (INTC) management insinuated "circumstances are worse than expected during the quarter." The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.

Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.

SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.

In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.

He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.

"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected," Pajjuri wrote in a note to clients.

"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted," Pajjuri added.

Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

kevinlaisq
2022-06-08
kevinlaisq
Pls like
Anzygart
2022-06-08
Anzygart
Doesnt look like the company will turn around soon
Maverick75
2022-06-08
Maverick75
That's the reason I bought Intel on Monday and will continue to buy in as the price drop. Thanks to the "experts" [Happy] [Happy] [Happy]
Aurum
2022-06-08
Aurum
Pls like and comment
PTTRADER
2022-06-08
PTTRADER
Ook

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-08 20:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1108345836","market":"us","top_or_hot":-1,"title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","media":"Seeking Alpha","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INTC","symbol_name":"英特尔","start_time":0,"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","article_id":"1108345836","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","pubTimestamp":1654691291,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"INTC":"英特尔"},"translate_title":"英特尔股价下跌，分析师在管理层发表评论后下调预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INTC":0.9},"content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":9051294993,"gmtCreate":1654696120612,"gmtModify":1676535493709,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3572874548548490","idStr":"3572874548548490"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051294993","repostId":1108345836,"repostType":4,"repost":{"id":"1108345836","kind":"news","pubTimestamp":1654691291,"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","pubTime":"2022-06-08 20:28","market":"us","language":"en","title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","media":"Seeking Alpha","summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108345836","content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9051205579,"gmtCreate":1654695110991,"gmtModify":1676535493269,"author":{"id":"4087708380401170","authorId":"4087708380401170","name":"Anzygart","avatar":"https://static.tigerbbs.com/5255e6a87df642eff53b65456895ac13","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4087708380401170","idStr":"4087708380401170"},"htmlText":"Doesnt look like the company will turn around soon","listText":"Doesnt look like the company will turn around soon","text":"Doesnt look like the company will turn around soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051205579","repostId":1108345836,"repostType":4,"repost":{"id":"1108345836","kind":"news","pubTimestamp":1654691291,"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","pubTime":"2022-06-08 20:28","market":"us","language":"en","title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","media":"Seeking Alpha","summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108345836","content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9051200269,"gmtCreate":1654694454751,"gmtModify":1676535493128,"author":{"id":"4115478259909482","authorId":"4115478259909482","name":"Maverick75","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4115478259909482","idStr":"4115478259909482"},"htmlText":"That's the reason I bought Intel on Monday&nbsp;and will continue to buy in as the price drop. Thanks to the \"experts\"&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","listText":"That's the reason I bought Intel on Monday&nbsp;and will continue to buy in as the price drop. Thanks to the \"experts\"&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","text":"That's the reason I bought Intel on Monday and will continue to buy in as the price drop. Thanks to the \"experts\" [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051200269","repostId":1108345836,"repostType":4,"repost":{"id":"1108345836","kind":"news","pubTimestamp":1654691291,"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","pubTime":"2022-06-08 20:28","market":"us","language":"en","title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","media":"Seeking Alpha","summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108345836","content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9051670701,"gmtCreate":1654693188303,"gmtModify":1676535492911,"author":{"id":"3581551558648648","authorId":"3581551558648648","name":"Aurum","avatar":"https://static.tigerbbs.com/9b62b380c4f32358425ddfcfada4c880","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3581551558648648","idStr":"3581551558648648"},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051670701","repostId":1108345836,"repostType":4,"repost":{"id":"1108345836","kind":"news","pubTimestamp":1654691291,"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","pubTime":"2022-06-08 20:28","market":"us","language":"en","title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","media":"Seeking Alpha","summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108345836","content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9051641637,"gmtCreate":1654692028229,"gmtModify":1676535492754,"author":{"id":"4113307316653222","authorId":"4113307316653222","name":"PTTRADER","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4113307316653222","idStr":"4113307316653222"},"htmlText":"Ook","listText":"Ook","text":"Ook","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051641637","repostId":1108345836,"repostType":4,"repost":{"id":"1108345836","kind":"news","pubTimestamp":1654691291,"share":"https://ttm.financial/m/news/1108345836?lang=en_US&edition=fundamental","pubTime":"2022-06-08 20:28","market":"us","language":"en","title":"Intel Drops As Analysts Cut Estimates Following Management Commentary","url":"https://stock-news.laohu8.com/highlight/detail?id=1108345836","media":"Seeking Alpha","summary":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to &#34;talk down the quarter,&#34; citing worsening conditions.</p><p>Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.</p><p>Danely added he expects Intel (INTC) &#34;to negatively pre-announce or miss [second-quarter] guidance&#34; after comments made by Intel (INTC) management insinuated &#34;circumstances are worse than expected during the quarter.&#34; The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.</p><p>Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/e1d4e75deb2fa0ef3c085c3538676f90\" tg-width=\"806\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm&#39;s outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.</p><p>In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.</p><p>He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.</p><p>&#34;In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,&#34; Pajjuri wrote in a note to clients.</p><p>&#34;The company&#39;s decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,&#34; Pajjuri added.</p><p>Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Drops As Analysts Cut Estimates Following Management Commentary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Drops As Analysts Cut Estimates Following Management Commentary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher...</p>\n\n<a href=\"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108345836","content_text":"Intel shares fell on Wednesday as several analysts cut their earnings estimates after management the chipmaker appeared to \"talk down the quarter,\" citing worsening conditions.Citi analyst Christopher Danely, who rates Intel (INTC) shares neutral with a $45 price target, lowered 2022 sales and earnings per share estimates to $71.9B and $2.33, down from a prior outlook of $74.4B and $2.63 per share. The firm maintained its 2023 and 2024, estimates, though.Danely added he expects Intel (INTC) \"to negatively pre-announce or miss [second-quarter] guidance\" after comments made by Intel (INTC) management insinuated \"circumstances are worse than expected during the quarter.\" The commentary cited reduced inventory levels at customers and delays as China emerges from its Covid-related lockdowns.Intel (INTC) shares fell nearly 3.22% to $42.13 in premarket trading on Wednesday.SMBC Nikko Securities America analyst Srini Pajjuri maintained the firm's outperform rating on Intel (INTC), but cut the price target on shares to $62 from $54 while also cutting 2022 full-year earnings per share estimates to $3.40 from $3.63, citing recent comments from Dell (DELL) and HP (HPQ), as well as the management commentary at the conference.In addition to the full-year earnings cut, Pajjuri lowered his revenue forecast for the second-quarter to $17.6B from $18B and earnings per share estimates to 65 cents, down from 70 cents.He also lowered full-year 2022 revenue estimates to $73.8B, down from a prior outlook of $76B.\"In particular, management indicated that the three headwinds that impacted its original guidance (match set issue, customer inventory reductions in PC, and China lockdowns) are all tracking worse than expected,\" Pajjuri wrote in a note to clients.\"The company's decision not to preannounce the quarter suggests that the impact may be more [third-quarter/second-half] weighted,\" Pajjuri added.Last month, Citi said Intel (INTC) and Advanced Micro Devices (AMD) could both be impacted by a weakened PC market, as notebook shipments came in below estimates for the fourth month in a row.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":61,"commentSize":5,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1108345836","isCrawlerRequest":true}