Intel’s Earnings Guidance May Disappoint. Tune In After the Close.

[barrons.com] 3 days ago

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https://www.barrons.com/articles/intel-earnings-stock-chips-51674677365


Jan. 26, 2023 1:00 am ET

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Intel will be first major computer-chip maker to report fourth-quarter earnings after the market closes. Wall Street has low expectations.

According to FactSet, the analyst consensus estimate is that Intel (ticker: INTC ) will report adjusted earnings per share of 21 cents on revenue of $14.49 billion for the December quarter. Analysts’ estimate for the current quarter is earnings per share of 25 cents on revenue of $13.93 billion.