Wall Street is looking for earnings of $0.10 per share for Q2, on an adjusted basis, representing a modest decline from the prior-year period when the company earned $0.13 per share. The consensus revenue estimate is $12.94 billion, broadly unchanged from the year-ago quarter.
In the first quarter, Intel’s revenues rose 9% year-over-year to $12.72 billion. Revenues of Client Computing, the company’s main operating segment, grew in double digits. It reported earnings of $0.18 per share for the March quarter, excluding special items, compared to a loss of $0.04 per share in the same period of 2023.