Intel, Dow, Texas Instruments and Tesla See Higher Q2 EPS Estimates Ahead of Results

According to CNBC, Intel, Dow, Texas Instruments and Tesla are among the S&P 500 companies reporting second-quarter earnings next week that have seen sharp upward revisions to profit estimates. Intel showed the strongest momentum, with analysts lifting EPS expectations by nearly 135% over the past three months, including 56 upward revisions and nine downward revisions; the chipmaker is set to report after the market close on Thursday. Dow’s second-quarter earnings estimate has more than doubled over the past three months, with 25 upward revisions and eight downward revisions, and analysts now expect $1.27 per share. The materials company said last month it will pursue a series of targeted investment projects worth $100 million by the end of 2027 to expand specialty silicones manufacturing capabilities, and it will report Thursday morning. Texas Instruments had 32 upward EPS revisions and one downward revision over the past three months, with analysts expecting $1.92 per share, up 22.4% from three months ago. Tesla’s EPS estimate has risen about 19% over the past three months, with 31 upward revisions and 14 downward revisions, and analysts expect 52 cents per share. Tesla said it manufactured more than 450,000 units in the second quarter and delivered more than 480,000 vehicles, and it is scheduled to hold its earnings call on Wednesday.