Williams Financial Group Raises EPS Estimates on Intersil

A report from Williams Financial Group reiterates its Hold rating and raises its FY'11 and '12 EPS estimates to $.90 and $.83 on Intersil (NASDAQ: ISIL).

The report states, “ISIL turned in revenue that generally matched its negatively revised September quarter outlook with a mid-point of $186 million. During the preannouncement the company gave no margin, expense, or EPS guidance and the firm's results generally handily exceeded what had been a conservative view by the Street. With a bit better margin and solid expense control, earnings were $0.09 ahead of expectations."

ISIL closed yesterday at $11.69.