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Intel offers disappointing Q3 earnings guidance

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The company again gave full-year guidance after pulling it one quarter ago.

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.

 

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they r getting their azz kicked by all their competitors

It’s $AMD‘s turn boy 💯

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