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Earnings Preview For Intel – Intel (NASDAQ:INTC)

Earnings Preview For Intel – Intel (NASDAQ:INTC)



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Intel (NASDAQ:INTC) is set to give its latest quarterly earnings report on Thursday, 2023-10-26. Here’s what investors need to know before the announcement.

Analysts estimate that Intel will report an earnings per share (EPS) of $0.21.

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Intel bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 6.6% increase in the share price the next day.


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Here’s a look at Intel’s past performance and the resulting price change:

QuarterQ2 2023Q1 2023Q4 2022Q3 2022
EPS Estimate-0.03-0.150.20.34
EPS Actual0.13-0.040.10.59
Price Change %6.6%4.02%-6.41%10.66%

Stock Performance

Shares of Intel were trading at $34.59 as of October 24. Over the last 52-week period, shares are up 24.38%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Intel visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.


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