Previous close | 35.11 |
Open | 31.74 |
Bid | 31.09 x 200 |
Ask | 31.16 x 100 |
Day's range | 30.64 - 31.95 |
52-week range | 26.86 - 51.28 |
Volume | |
Avg. volume | 47,216,601 |
Market cap | 132.453B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 77.79 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.50 (1.42%) |
Ex-dividend date | 06 Feb 2024 |
1y target est | N/A |
Shares of Intel (INTC) are moving lower Friday morning as the company posted its first quarter report, revealing a better-than-expected profit. However, the company posted a lower-than-expected forecast for second-quarter revenue. Yahoo Finance Anchors Brad Smith and Seana Smith discuss how Intel is competing in the chip space and whether Q1 is the bottom of its near-term supply constraints. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Intel (INTC) reported first quarter earnings that topped Wall Street estimates, but its outlook for the second quarter was a disappointment for investors, sending shares lower in after-hours trading. The chip giant reported adjusted earnings per share of $0.18, surpassing estimates of $0.13. Revenue was in line with expectations, $12.72 billion versus estimates of $12.71 billion. For the second quarter, the company sees revenue of $12.5 billion to $13.5 billion compared to estimates of $13.63 billion and adjusted earnings per share of $0.10 versus expectations of $0.24. Yahoo Finance's Julie Hyman, Jared Blikre, and Josh Schafer break down Intel's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.