Background: Intel designs, manufactures and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe and Japan. The company was founded in 1968 and is based in Santa Clara, Calif. Intel trades an average of 41 million shares per day with a market cap of $109 billion.
52-Week Range: $22.27 to $29.27Book Value: $9.73 Price To Book: 2.2 Wall Street isn't expecting much this quarter. Earnings per share are expected to come in below last year for the same quarter. The third-quarter earnings release is scheduled after the market closes on Tuesday. The consensus estimate is currently 50 cents a share, a decline of 15 cents (23.1%) from 65 cents during the corresponding period last year. Analysts are estimating as low as 47 cents per share, up to 54 cents per share. TheStreet's Chris Laudani writes about Intel in
At the time of publication the author had no position in any of the stocks mentioned. Follow @RobertWeinstein This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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