{"id":77050,"date":"2023-10-26T09:34:15","date_gmt":"2023-10-26T13:34:15","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/intel-reports-earnings-today-what-to-expect\/"},"modified":"2023-10-26T09:34:18","modified_gmt":"2023-10-26T13:34:18","slug":"intel-reports-earnings-today-what-to-expect","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=77050","title":{"rendered":"Intel Reports Earnings Today. What to Expect."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000781185\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Intel will be the first major computer-chip maker to report its third-quarter results after the market close.<\/p>\n<p>Some on Wall Street are worried about the risk for its profit margins next year.<\/p>\n<p>According to FactSet, the consensus call among analysts is that<br \/>\n        Intel<br \/>\n       (ticker: INTC) will report revenue of $13.6 billion and adjusted earnings of 22 cents a share for the September quarter. Analysts\u2019 estimate for the current quarter\u2019s revenue is $14.4 billion, with EPS of 33 cents.<\/p>\n<div class=\"paywall\">\n<p>Earlier this week, Bernstein analyst Stacy Rasgon reaffirmed his Market Perform rating and $34 price target for Intel stock, citing the risk to the chip maker\u2019s profitability next year.<\/p>\n<p>The analyst says demand for the company\u2019s data center server chips remains weak and forecasts 2024 earnings per share of $1.53 versus the Wall Street consensus of $1.74.<\/p>\n<p>Intel shares fell 5.1% to $32.83 on Wednesday. The stock is up 20% over the past 12 months.<\/p>\n<p>Write to Tae Kim at tae.kim@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/intel-earnings-stock-price-16c0bcd6?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel will be the first major computer-chip maker to report its third-quarter results after the market close. Some on Wall Street are worried about the risk for its profit margins next year. According to FactSet, the consensus call among analysts is that Intel (ticker: INTC) will report revenue of $13.6 billion and adjusted earnings of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-77050","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intel Reports Earnings Today. What to Expect. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Intel will be the first major computer-chip maker to report its third-quarter results after the market close. 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