Intel Sees Q4 Adj. EPS $0.44 vs $0.30 Est., Revenue $14.6B-$15.6B vs $13.53B Est.
Portfolio Pulse from Benzinga Newsdesk
Intel has projected its Q4 adjusted EPS to be $0.44, which is higher than the estimated $0.30. The company also expects its revenue to be between $14.6B and $15.6B, surpassing the estimated $13.53B.
October 26, 2023 | 8:12 pm
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POSITIVE IMPACT
Intel's Q4 adjusted EPS and revenue projections are higher than estimates. This positive financial outlook could potentially boost the company's stock price in the short term.
Intel's higher than expected Q4 earnings and revenue projections indicate a strong financial performance. This positive outlook is likely to be viewed favorably by investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100