Intel Rises Ahead Of Q4 Report; Analysts Mixed

By | January 15, 2014

Scalper1 News

Intel (INTC) stock gapped up to its highest level since June 2012 on Wednesday, a day before it is due to report fourth-quarter earnings. Analysts polled by Thomson Reuters expect the chipmaker to earn 52 cents a share on sales of $13.72 billion. That would translate to year-over-year growth of 8% for earnings and 2% for sales. It would mark a turnaround for a company that has reported seven straight quarters of declining earnings per share and Scalper1 News

Scalper1 News