Intel Sees Q3 EPS $0.20 vs $0.16 Est., Revenue $12.9B-$13.9B vs $13.23B Est., Gross Margin 43%
Portfolio Pulse from Bill Haddad
Intel has projected its Q3 earnings per share (EPS) to be $0.20, which is higher than the estimated $0.16. The company also expects its revenue to be between $12.9 billion and $13.9 billion, compared to the estimated $13.23 billion. The gross margin is expected to be 43%.
July 27, 2023 | 8:03 pm
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POSITIVE IMPACT
Intel's Q3 EPS and revenue forecasts are higher than estimates, which could positively impact its stock price.
Intel's higher than expected Q3 EPS and revenue forecasts indicate strong financial performance, which is likely to boost investor confidence and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100