Earnings on Tap: Intel
Declining PC shipments worldwide may turn out to be Intel's biggest threat.
Chipmaker Intel (INTC) is set to report reduced earnings when it posts second-quarter results after Wednesday's closing bell. Wall Street analysts expect earnings of $0.39 per share, matching the company's own estimates, compared with $0.54 in the same quarter last year.
Investors will be keen to hear from Intel's new CEO Brian Krzanich who was elevated to the post in May after long-serving chief Paul Otellini gave notice last November.
Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.