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Barchart
Barchart
Rashmi Kumari

Here's What to Expect From Intel's Next Earnings Report

Intel Corporation INTC

Intel Corporation (INTC), headquartered in Santa Clara, California, is a global semiconductor design and manufacturing leader. With a market cap of $96.17 billion, Intel provides cutting-edge technology solutions, powering a wide range of industries with its microprocessors, data center products, and artificial intelligence capabilities. Intel is set to announce its Q3 earnings on Thursday, Oct. 24.

Ahead of the event, analysts expect INTC to report a loss of $0.20 per share, down 171.4% from earnings of $0.28 in the year-ago quarter.  The company has beaten Wall Street's bottom-line estimates in two of the last four quarters while missing on other two occasions. 

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