Intel Outlook Called ‘Uninspiring,’ Q1 Out Tuesday

By | April 14, 2014

Scalper1 News

Wall Street has low expectations for chipmaker Intel (INTC), which is set to report its first-quarter earnings after the close Tuesday. Analysts polled by Thomson Reuters expect the Santa Clara, Calif.-based company to earn 37 cents a share, down 8% from the year-earlier quarter, on sales of $12.81 billion, up less than 2%. For the June quarter, analysts are modeling for Intel to earn 43 cents a share, up 10%, on sales of $12.96 billion, up 1%. Scalper1 News

Scalper1 News