Intel Shares Drop 10 percent on Weak Guidance - CWEB

Post a Free Blog

Submit A Press Release

[tdb_mobile_menu icon_color="#ec3535" icon_size="eyJhbGwiOjIyLCJwaG9uZSI6IjI2In0=" icon_padding="eyJhbGwiOjIuNSwicGhvbmUiOiIxLjkifQ==" menu_id="567712352" tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tbGVmdCI6Ii0xMiIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" icon_color_h="#ec3535" inline="yes"]

[tdb_header_logo align_vert="content-vert-top" image_width="eyJwb3J0cmFpdCI6IjE4MCIsImxhbmRzY2FwZSI6IjI2MCJ9" tdc_css="eyJhbGwiOnsiei1pbmRleCI6IjAiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0Ijp7InBhZGRpbmctdG9wIjoiMTAiLCJwYWRkaW5nLWJvdHRvbSI6IjEwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdF9tYXhfd2lkdGgiOjEwMTgsInBvcnRyYWl0X21pbl93aWR0aCI6NzY4LCJsYW5kc2NhcGUiOnsiZGlzcGxheSI6IiJ9LCJsYW5kc2NhcGVfbWF4X3dpZHRoIjoxMTQwLCJsYW5kc2NhcGVfbWluX3dpZHRoIjoxMDE5LCJwaG9uZSI6eyJwYWRkaW5nLXRvcCI6IjAiLCJwYWRkaW5nLWJvdHRvbSI6IjAiLCJkaXNwbGF5IjoiaW5saW5lLWJsb2NrIn0sInBob25lX21heF93aWR0aCI6NzY3fQ==" show_image="none" f_text_font_family="456" f_text_font_size="eyJhbGwiOiIxMDAiLCJsYW5kc2NhcGUiOiI3MCIsInBvcnRyYWl0IjoiNDUiLCJwaG9uZSI6IjMwIn0=" f_text_font_line_height="1.2" icon_align="eyJhbGwiOiIwIiwicG9ydHJhaXQiOiIzIn0=" text="CWEB" f_text_font_transform="" media_size_image_height="320" media_size_image_width="800" show_title="" show_tagline="" ttl_tag_space="0" show_icon="none" text_color="#ec3535" f_text_font_weight="700" align_horiz="content-horiz-left" f_text_font_style="italic" f_text_font_spacing="eyJhbGwiOiItNSIsImxhbmRzY2FwZSI6Ii0zIiwicG9ydHJhaXQiOiItMiIsInBob25lIjoiLTIifQ==" tagline_pos="eyJhbGwiOiJpbmxpbmUiLCJwaG9uZSI6ImlubGluZSJ9" tagline_align_vert="content-vert-top" f_tagline_font_line_height="eyJhbGwiOiI0LjYiLCJsYW5kc2NhcGUiOiIzLjIiLCJwb3J0cmFpdCI6IjIuNSIsInBob25lIjoiMiJ9" f_tagline_font_family="653" f_tagline_font_weight="500" f_tagline_font_style="italic" tagline_color="#000000" f_tagline_font_size="eyJhbGwiOiIxMiIsInBvcnRyYWl0IjoiMTEiLCJwaG9uZSI6IjEwIn0=" f_tagline_font_spacing="eyJwb3J0cmFpdCI6IjAiLCJsYW5kc2NhcGUiOiIwLjUiLCJwaG9uZSI6IjAifQ=="]

[tdb_mobile_search tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tYm90dG9tIjoiMCIsInBhZGRpbmctbGVmdCI6IjUiLCJjb250ZW50LWgtYWxpZ24iOiJjb250ZW50LWhvcml6LWxlZnQiLCJkaXNwbGF5IjoiaW5saW5lLWJsb2NrIn0sInBob25lX21heF93aWR0aCI6NzY3fQ==" icon_color="#ec3535" tdicon="td-icon-magnifier-medium-long" icon_padding="eyJhbGwiOjIuNSwicGhvbmUiOiIxLjEifQ==" icon_size="eyJhbGwiOjIyLCJwaG9uZSI6IjIyIn0=" icon_color_h="#ec3535" align_horiz="content-horiz-left"][tdb_header_menu_favorites tdicon="td-icon-heart-empty" tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tdG9wIjoiMyIsIm1hcmdpbi1ib3R0b20iOiIwIiwibWFyZ2luLWxlZnQiOiIxMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" icon_size="eyJhbGwiOjIyLCJwaG9uZSI6IjI1In0=" icon_color="#dd3333" horiz_align="eyJhbGwiOiJjb250ZW50LWhvcml6LWxlZnQiLCJwaG9uZSI6ImNvbnRlbnQtaG9yaXotcmlnaHQifQ==" inline="yes" url="https://www.cweb.com/my-favourites" float_block="yes"]

[tdb_mobile_menu icon_color="#f43f3f" icon_size="eyJhbGwiOjIyLCJwaG9uZSI6IjI2In0=" icon_padding="eyJhbGwiOjIuNSwicGhvbmUiOiIxLjkifQ==" menu_id="567712352" tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tbGVmdCI6Ii0xMiIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" icon_color_h="#dd3333" inline="yes"]

[tdb_header_logo align_vert="content-vert-top" image_width="eyJwb3J0cmFpdCI6IjE4MCIsImxhbmRzY2FwZSI6IjI2MCJ9" tdc_css="eyJhbGwiOnsiei1pbmRleCI6IjAiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0Ijp7InBhZGRpbmctdG9wIjoiMTAiLCJwYWRkaW5nLWJvdHRvbSI6IjEwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdF9tYXhfd2lkdGgiOjEwMTgsInBvcnRyYWl0X21pbl93aWR0aCI6NzY4LCJsYW5kc2NhcGUiOnsiZGlzcGxheSI6IiJ9LCJsYW5kc2NhcGVfbWF4X3dpZHRoIjoxMTQwLCJsYW5kc2NhcGVfbWluX3dpZHRoIjoxMDE5LCJwaG9uZSI6eyJjb250ZW50LWgtYWxpZ24iOiJjb250ZW50LWhvcml6LWxlZnQiLCJkaXNwbGF5IjoiaW5saW5lLWJsb2NrIn0sInBob25lX21heF93aWR0aCI6NzY3fQ==" show_image="none" f_text_font_family="456" f_text_font_size="eyJhbGwiOiIxMDAiLCJsYW5kc2NhcGUiOiI3MCIsInBvcnRyYWl0IjoiNDUiLCJwaG9uZSI6IjMwIn0=" f_text_font_line_height="1.2" icon_align="eyJhbGwiOiIwIiwicG9ydHJhaXQiOiIzIn0=" text="CWEB" f_text_font_transform="" media_size_image_height="320" media_size_image_width="800" show_title="" show_tagline="" ttl_tag_space="0" show_icon="none" text_color="#ec3535" f_text_font_weight="700" align_horiz="content-horiz-center" f_text_font_style="italic" f_text_font_spacing="eyJhbGwiOiItNSIsImxhbmRzY2FwZSI6Ii0zIiwicG9ydHJhaXQiOiItMiIsInBob25lIjoiLTIifQ==" tagline_pos="inline" tagline_align_vert="content-vert-top" f_tagline_font_line_height="eyJhbGwiOiI0LjYiLCJsYW5kc2NhcGUiOiIzLjIiLCJwb3J0cmFpdCI6IjIuNSIsInBob25lIjoiMiJ9" f_tagline_font_family="653" f_tagline_font_weight="500" f_tagline_font_style="italic" tagline_color="#000000" f_tagline_font_size="eyJhbGwiOiIxMiIsInBvcnRyYWl0IjoiMTEiLCJwaG9uZSI6IjEwIn0=" f_tagline_font_spacing="eyJwb3J0cmFpdCI6IjAiLCJsYW5kc2NhcGUiOiIwLjUiLCJwaG9uZSI6IjAifQ=="]

[tdb_mobile_search tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tdG9wIjoiM3B4IiwibWFyZ2luLWJvdHRvbSI6IjAiLCJjb250ZW50LWgtYWxpZ24iOiJjb250ZW50LWhvcml6LXJpZ2h0IiwiZGlzcGxheSI6ImlubGluZS1ibG9jayJ9LCJwaG9uZV9tYXhfd2lkdGgiOjc2N30=" icon_color="#f43f3f" tdicon="td-icon-magnifier-medium-long" icon_padding="eyJhbGwiOjIuNSwicGhvbmUiOiIxLjEifQ==" icon_size="eyJhbGwiOjIyLCJwaG9uZSI6IjIyIn0=" icon_color_h="#dd3333" align_horiz="content-horiz-right" excl_padd="eyJwaG9uZSI6IjAifQ==" float_right="yes"]

Home Business Intel Shares Drop 10 percent on Weak Guidance

Business

Intel Shares Drop 10 percent on Weak Guidance

CWEB

-

January 26, 2024

Intel Shares Drop 10 percent on Weak Guidance

Intel’s (NASDAQ:INTC) announcement on Thursday of its weaker-than-expected guidance for the current quarter overshadowed its fourth-quarter earnings, which exceeded Wall Street’s expectations for both revenue and earnings. Shares of Intel dropped by more than 10% pre-market today following the announcement.
For the fourth quarter, Intel reported adjusted earnings per share (EPS) of $0.54 and revenue of $15.4 billion. This surpassed the forecasts by analysts, who had expected an EPS of $0.45 and revenue of $15.16 billion.
However, the outlook for the first quarter presented a different picture. Intel anticipates an adjusted EPS of $0.13 on revenue ranging between $12.2 billion and $13.2 billion for Q1. These projections fall short of analyst estimates, which were set at an EPS of $0.35 on revenue of $14.31 billion.