Semiconductor firm Intel releases Q1 results tonight after the close with a conference call slated to begin at 5:00 p.m. ET.
The Capital IQ Consensus Estimate sees Q1 EPS of $0.87 (vs $0.87 a year ago) on revenue declines of about 0.4% to $16.03 billion.
INTC's Q1 guidance stands at EPS of $0.87 on sales of approximately $16.0 billion. The company will likely give a Q2 outlook and update FY19 guidance in the press release.
This is the first period to report under the new/promoted CEO Robert Swan at the permanent helm and former Qualcomm (QCOM) CFO George Davis as Intel's new CFO.
Intel moved to better than 18-year highs last week.
Intel currently trades at about 3.9x forward sales vs peers Texas Instruments (TXN) 7.6x, Micron's (MU) 2.3x, and Advanced Micro's (AMD) 4.5x multiples.
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