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
18,64 €
-2,86 %
Die Intel Corp. Aktie zieht etwas Aufmerksamkeit auf sich: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 38 € für Intel Corp. übertrifft den aktuellen Kurs von 18.64 € um mehr als das Doppelte.
