ng, you realize, of course that if Intel posts 0.10 eps (current consensus on Yahoo, but it may actually be $0.09 now!), that is $690 million.
BUT, $115M of that is their expectation for interest and gains on investments, as I'm sure Intel will sell more of their gainers and keep their losers in their investment portfolio.
AND, based on
All other expectations remain unchanged, with the exception of amortization of goodwill and other acquisition related intangibles and costs, which is expected to be higher due to the impact of acquisitions that have closed within the current quarter.
I'm expecting that Intel's acquisition related costs which they exclude from their so-called "pro-forma" earnings, will be at least $570M in Q2, up from an original expectation (by them) of $520M
That leaves them with $5,000,000 of true operating earnings in Q2, or less than $0.001 per share.
Of course, if Intel doesn't meet expectations, even by a tiny bit, they will have an operating loss.
Would that perhaps be the first in 30 years? Does anyone know?
Petz |
