Intel Corporation (INTC) 2Q 2013 Earnings Preview

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HFA Staff
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Intel Corporation (NASDAQ:INTC) reports their second quarter 2013 financial results after the market closes on Wednesday, July 17, 2013. Analyst consensus expectations for the second quarter, 2013 is for $0.39 in earnings per share (EPS) on $12.89 billion in revenues for expected year-over-year declines of 32 percent and 5 percent respectively. Since the last earnings report in April, both the revenue and earnings estimates have remained stable and have not been revised lower during the quarter, which is a plus. In Q1 2013, Intel Corporation (NASDAQ:INTC) revenues fell 3 percent year-over-year (y/y), while EPS fell 29 percent. This is better than expected,…

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