Intel Corporation (NASDAQ:INTC) will release its third quarter earnings report after the closing bell on Thursday, Oct. 29.
Analysts expect the Indianapolis, Indiana-based company to report quarterly earnings of 40 cents per share, up from 23 cents per share in the year-ago period. The consensus estimate for INTC’s quarterly revenue is $16.49 billion. It reported $13.65 billion last year, according to Benzinga Pro.
On Tuesday, Intel and Oracle disclosed a multiyear collaboration to expand Xeon-based computing on Oracle cloud infrastructure.
Shares of Intel rose 1.9% to close at $95.53 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying INTC stock? Here’s what analysts think:
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