Intel (INTC) closed the latest buying and selling day at $57.66, shifting -0.67% from the earlier b
Intel (INTC) closed the latest buying and selling day at $57.66, shifting -0.67% from the earlier buying and selling session. This variation was narrower than the S&P 500’s 0.86% loss on the day. Elsewhere, the Dow misplaced 0.96%, whereas the tech-heavy Nasdaq misplaced 1.13%.
Heading into as we speak, shares of the world’s largest chipmaker had gained 2.69% over the previous month, lagging the Pc and Know-how sector’s achieve of 4.5% and the S&P 500’s achieve of three.66% in that point.
Buyers will likely be hoping for energy from INTC because it approaches its subsequent earnings launch. On that day, INTC is projected to report earnings of $1.25 per share, which might signify a year-over-year decline of two.34%. Our most up-to-date consensus estimate is asking for quarterly income of $19.20 billion, up 2.93% from the year-ago interval.
Trying on the full yr, our Zacks Consensus Estimates recommend analysts expect earnings of $4.61 per share and income of $70.96 billion. These totals would mark modifications of +0.66% and +0.16%, respectively, from final yr.
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