Intel Expected to Post Another Weak Quarter as the PC Market Languishes

Intel will be first major computer chip maker to report first-quarter results, after the market close Thursday. Wall Street expects meager results.

According to FactSet, the analyst consensus estimate is that

Intel

(ticker: INTC) will report revenue of $11.01 billion with adjusted earnings per share loss of 16 cents for the March quarter. Analysts’ estimate for the current quarter’s revenue is $11.74 billion with 0 cents in EPS.