Intel (INTC) is slated to report first-quarter results after the market closes Thursday, marking the chipmaker’s first report since 澳洲幸运5官方开奖结果体彩网:Lip-Bu Tan was named CEO in mid-March.

The quarter includes less than a month of Tan’s tenure, and Wall Street has largely adopted a wait-and-see approach on evaluating the company under his leadership. The 12 analysts tracked by Visible Alpha who follow Intel have unanimously issued “hold” or equivalent ratings for the stock. Their consensus price target of just under $23 would suggest about 10% upside from Wednesday's closing price. 

澳洲幸运5官方开奖结果体彩网:Shares jumped after Tan’s appointment but gave back most of those gains in the following weeks. The stock popped again this week, though, on a report that Intel plans to lay off 澳洲幸运5官方开奖结果体彩网:more than 20% of 💟its staff as part of Tan’s first major cost-cutting initiative. Year-to-date, Intel's stock is up over 6%.

Analysts expect Intel to report first-quarter revenue of $12.34 billion, down 3% year-over-year, and adjusted net income of $41.6 million, or 1 cent per share, down from $759 million, or 18 cents per share, a year earlier.