Intel Corporation
Information Technology - Semiconductors | Reports July 27th, AMC.
The Estimize consensus for Intel (NASDAQ:INTC) calls for EPS of $.69, one cent higher than the Wall Street consensus and an increase of 15% YoY. Currently, the Estimize community is looking for sales of $14.46B, which is roughly inline with the Street ($14.41B). Here's our prediction for Gross Margins.
Over the last four quarters Intel posted higher than expected EPS, however this quarter may prove to be different. Investors will be all ears to see how Intel gauges and looks to respond to the competitive landscape, specifically Advanced Micro Devices Inc (NASDAQ:AMD) which put up impressive top and bottom-line beats yesterday. Intel prides itself on its chip manufacturing segment and its ability to push out new technology. However, its new 10-nanometer technology has been lacking of late. Initially the 10nm technology was slated to be released in 2015, but now the release date now seems to be the end of 2017 or beginning of 2018.
Electronic Arts Inc.
Information Technology - Software | Reports July 27th, AMC.
The Estimize consensus for Electronic Arts (NASDAQ:EA) calls for EPS of $.32, four cents higher than the Wall Street consensus, and an astounding increase of 300% YoY. Currently, the Estimize community is looking at revenue of $778.2M, which is slightly more optimistic than the Street ($765.86M). Here's our prediction for Digital Net Sales.
The video game maker reports Q1 earnings today, after the close, and investors are not expecting much due to the lack of popularity behind their new game, Andromeda. Other than Mass Effect and Andromeda there were no other major games released. When Mass Effect was being released, EA expected 3 million copies to be sold. However only about 1 million were sold. Still, in the UK it held the top spot for several weeks and currently sits at the 7th best selling game in 2017. All of these facts may not seem terrible, but EA and investors expected more. Overall, EA always has older games which still are producing revenue to fall back on.
Verizon Communications
Telecommunication Services - Diversified Telecommunications | Reports July 27th, BMO.
The Estimize consensus for Verizon (NYSE:VZ) calls for EPS of $.96, which is on the dot for what Wall Street is predicting and an increase of 2% YoY. Currently, the Estimize community is looking for sales of $29.9B which is roughly in-line with the street.
The telecommunications market has been heating up as competitors look to take market share away from Verizon. Verizon recently introduced the unlimited data plan which according to FactSet will add 86,100 subscribers this quarter, however this is after they lost 300,000 in Q1. Investors will be interested to see Q2 subscriber numbers and how they are looking to diversify their revenue stream since wireless accounts for about 70%. Verizon recently bought Yahoo (NASDAQ:AABA) and their were short-lived rumors of Disney (NYSE:DIS) being next. Verizon currently sits at $44.30 a share with a price target of $49.20.