Why Intel Stock Jumped 11% After Earnings
Beleaguered semiconductor manufacturer (NASDAQ: INTC) had a rare bit of good news for investors Friday, and it's driving Intel shares up a solid 11% through 10:05 a.m. ET this morning.
Wall Street analysts had forecast Intel would earn only $0.22 per share (adjusted for one-time items) in the third quarter of 2023, but Intel actually earned $0.41 per share (also adjusted). What's more, Intel's sales for the quarter came in at a strong $14.2 billion, versus a Street forecast of only $13.5 billion.
The news wasn't all good.
Source Fool.com
Intel Corp. Aktie
84,52 €
-3,89 %
Die Intel Corp. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Das Kursziel von 74 € für Intel Corp. liegt unter dem aktuellen Kurs von 84.52 €, ergibt aber ein negatives Potenzial von -12.45%.
