Intel earnings: What to expect from the chip maker

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Intel reports earnings after the close of trading Thursday

Intel Corp. has caused Wall Street a fair bit of anguish over the past few years, but the good news heading into Thursday afternoon’s earnings report is that the company likely is in a better place these days.“On the positive, the absolute worst seems to be behind them with a bottoming PC market, a process roadmap that seems to be on track for now, and further efforts to try to unlock value on the horizon,” Bernstein analyst Stacy Rasgon wrote in a note to clients earlier this week.

Rasgon further sees a “nebulous” pathway to positive free cash flow, and he’s doubtful that the company’s artificial-intelligence narrative will prove particularly meaningful at this stage. What to expect Earnings: Analysts tracked by FactSet expect that Intel earned an adjusted 22 cents a share in the third quarter, down from 59 cents a share in the year-earlier period.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Nvidia Takes Aim at Intel's Reign Over the Personal Computer MarketNvidia eyes ARM-based CPUs, challenging Intel's PC dominance. A market shift looms as competition heats up.
La source: Newsweek - 🏆 468. / 52 Lire la suite »