Intel offers disappointing Q3 earnings guidance

Intel beat on the top and bottom lines, but earnings guidance for the current quarter was lighter than expected.Intel CEO Robert Swan speaks at the Rakuten Optimism event in Yokohama, Japan, on July 31, 2019.shares fell more than 8% on Thursday after the company reported better-than-expected second-quarter earnings.$1.19 per share, adjusted, vs. $1.11 per share as expected by analysts, according to Refinitiv.With respect to guidance, Intel called for $1.

For the full year, Intel's forecast is $4.85 in adjusted earnings per share and $75 billion in revenue. The consensus among analysts polled by Refinitiv was $4.81 in adjusted earnings per share and revenue of $73.86 billion.

they r getting their azz kicked by all their competitors

It’s $AMD‘s turn boy 💯

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks gain as upbeat earnings outweigh U.S.-China tensionsStock markets rose on Thursday as better-than-expected corporate earnings in Europe offset worries about rising cases of COVID-19 and a sharp escalation in tensions between the United States and China. Stocks gain as upbeat earnings outweigh U.S.-China tensions... And ignoring the fact that America has an idiot with mental disorders and cognitive decline running the country, a global pandemic, world wide unemployment and economic issues. Pump-N-Dump
Source: Reuters - 🏆 2. / 97 Read more »