Should You Bet on Intel (INTC) Ahead of Q2 Earnings Release?

Intel Corporation (INTC) is scheduled to report second-quarter 2024 earnings on Aug 1. The Zacks Consensus Estimate for revenues and earnings is pegged at $12.9 billion and 10 cents per share, respectively.Earnings estimates for INTC have declined from $1.12 per share to $1.03 for 2024 and from $1.89 per share to $1.82 for 2025 over the past 90 days.INTC Estimate TrendImage Source: Zacks Investment ResearchEarnings Surprise HistoryThe leading semiconductor manufacturer delivered a four-quarter earnings surp ...