Intel Corporation (NASDAQ:INTC) will release earnings for its first quarter after the closing bell on Thursday, April 23.
Analysts expect the Santa Clara, California-based company to report quarterly earnings of 1 cent per share, down from 13 cents per share in the year-ago period. The consensus estimate for Intel’s quarterly revenue is $12.37 billion (it reported $12.67 billion last year), according to Benzinga Pro.
The company has beaten analyst estimates for revenue in six straight quarters and in eight of the last 10 quarters overall.
Intel shares fell 1.5% to close at $65.27 on Wednesday.
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