CORRECTION: Intel Q3 Adj EPS $(0.46) Misses $(0.02) Estimate, Sales $13.28B Beat $13.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
Intel's Q3 adjusted EPS of $(0.46) missed the estimate by $(0.02), but sales of $13.28 billion exceeded the expected $13.02 billion.
October 31, 2024 | 9:51 pm
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Intel's Q3 earnings report shows a mixed performance with EPS missing estimates by $0.02, but sales surpassing expectations by $0.26 billion.
The mixed results, with EPS missing and sales beating estimates, suggest potential volatility in Intel's stock price. The sales beat may provide some support, but the EPS miss could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100