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Intel earnings after the close. Expected to announce the largest quarterly decline.

Intel earnings after the close. Expected to announce the largest quarterly decline.
Q1 Revenue Estimate: $11.1 billion (40% decline YoY)EPS $-0.15 versus $0.87 in Q1 2022client computing $4.9 billion versus $9.3 billion in 2022Q1 Loss Estimate: $3.2 billionPC Shipments: 29% decline YoYData Center Division Sales: $3.5 billion versus $6.0 billion in 2022 (42% decline YoY)Intel Corp. is expected to report its largest-ever quarterly loss due to a sharp fall in personal-computer sales and increased competition. Analysts are predicting revenue of $11 billion for Q1, a 40% decline fro... Read More
Posted: Apr 27 2023, 19:21
Author Name: forexlive
Views: 081940

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