Intel Company This autumn 2023 Earnings: Keep tuned for the stay earnings name and real-time transcript

Intel Company (NASDAQ: INTC) might be reporting its fourth-quarter outcomes at present after the bell, amid expectations for a constructive final result.

Hearken to Intel’s earnings name stay and examine the real-time transcript

Wall Road is searching for a multi-fold year-over-year improve in earnings to $0.45 per share in This autumn, on an adjusted foundation, which is barely beneath the earnings steering issued by the corporate just lately. The consensus income estimate is $15.16 billion, which comes on the larger finish of the administration’s This autumn income forecast of $14.6-15.6 billion.

Within the third quarter, adjusted earnings elevated 11% yearly to $0.41 per share, whereas revenues declined 8% to $14.2 billion, primarily attributable to a dip within the core Shopper Computing income. The Datacenter and Community segments additionally contracted, which was partially offset by a robust efficiency by the Mobileye and Foundry Companies companies.