Intel, SanDisk Estimates Reduced; Freescale Hiked

By | January 9, 2015

Scalper1 News

On Friday, equity research firm RBC Capital Markets reduced 2015 earnings estimates for chipmakers Intel (INTC) and SanDisk (SNDK). RBC also raised its estimates for Freescale Semiconductor (FSL). RBC reduced Intel’s estimates for Q4 earnings per share minus items to 65 cents from 67 cents, and cut the estimate for Q1 to 46 cents from 52 cents. Analysts polled by Thomson Reuters expect Q4 EPS ex items of 66 cents, up 29% from the year-earlier Scalper1 News

Scalper1 News