Intel Reports Strong Earnings. The Stock is Rising.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Intel reported revenue of $14.2 billion, ahead of Wall Street's $13.6 billion estimate.

Intel provided a better-than-expected revenue forecast for its December quarter, pushing its stock higher in late trading.

For the current quarter, Intel gave a revenue forecast range of $14.6 billion to $15.6 billion. At the midpoint, that’s above Wall Street’s consensus of $14.4 billion.This is breaking news. Read a preview of Intel earnings below and check back for more analysis soon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Intel Reports Earnings Today. What to Expect.The consensus is that Intel will report revenue of $13.6 billion and adjusted earnings of 22 cents a share for the September quarter
Source: MarketWatch - 🏆 3. / 97 Read more »

Intel earnings: What to expect from the chip makerIntel reports earnings after the close of trading Thursday
Source: MarketWatch - 🏆 3. / 97 Read more »

Trading Earnings Season: 3 Steps for Using Earnings ReportsLearn how to trade earnings season, with tips on choosing companies and researching market conditions to establishing a strategy.
Source: DailyFX - 🏆 305. / 63 Read more »

Intel's stock pops as earnings crush expectations and forecast brings upsideCEO calls out ‘progress on our process and product roadmaps’
Source: MarketWatch - 🏆 3. / 97 Read more »

Meta Stock Jumps on Strong EarningsThe Facebook parent reported revenue of $34.2 billion, up 23% from a year ago.
Source: MarketWatch - 🏆 3. / 97 Read more »

Valero tops profit estimates in strong start to U.S. refiner earningsRefiner Valero Energy (VLO.N) beat analysts' estimates for third-quarter profit on Thursday, powered by sustained fuel and refined products demand against the backdrop of tight supplies.
Source: Reuters - 🏆 2. / 97 Read more »