This copy is for your personal, non-commercial use only. Visit www.zacksdata.com to get our data and content for your mobile app or website. Should You Buy Stocks Going into This Earnings Season? The monthly returns are then compounded to arrive at the annual return. Early investors could see gains similar to buying Microsoft in the 1990s. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. You can see the complete list of today’s Zacks #1 Rank stocks here.Etsy, Inc. (ETSY - Free Report) has an Earnings ESP of +23.66% and a Zacks Rank of 2.Biggest Tech Breakthrough in a GenerationBe among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. “So this is not good for the stock.”. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. Intel (INTC - Free Report) is slated to release second-quarter 2020 results on Jul 23. Now neck and neck with rival Nvidia for the title of largest U.S. semiconductor maker, Intel is set to report earnings after the closing bell Thursday. Further, lower automotive production due to lockdowns remained a concern for Mobileye.Moreover, growing clout of Advanced Micro Devices’ (AMD - Free Report) second generation of its EPYC processors is likely to have created pricing pressure and limited margin expansion. title of largest U.S. semiconductor maker. Intel Corporation’s second-quarter 2020 earnings news release and presentation are available on the company’s Investor Relations website.The earnings conference call for investors begins at 2 p.m. PDT today; a public webcast will be available at www.intc.com. Intel reported adjusted earnings of $1.06 a share and sales of $16.51 billion in the year-ago period. ET. The average target price is $64.82, which implies an upside of 6.2%. Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. (TSM) for some aspects of its central processing unit manufacturing—which also doesn’t help the stock. trend in PC shipments in the second quarter, How Traders Will Beat Wall Street this Earnings Season. Wall Street expects Intel to report second-quarter earnings of $1.11 a share on sales of $18.54 billion, though the company has previously told investors it expects earnings of $1.10 a share and sales of $18.5 billion. Analysts’ revenue estimates have largely been flat since March, as have earnings estimates. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. This, in turn, is anticipated to get reflected in the second-quarter revenues.Notably, encouraging trend in PC shipments in the second quarter, driven by increased demand and improvement in the supply chain is likely to have benefited Client Computing Group (CCG) segment revenues.