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Tag: Intel Corporation (INTC)

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What to Expect When Intel Corporation (INTC) Reports Quarterly Earnings

Although Intel Corporation (INTC) released its fourth-quarter results before the end of the trading session, its stock price surged in the last minutes of trading. The stock closed 6.5% higher at $62.46, with the company announcing sales during the holidays and an outlook for the first 62.46. Their net profit was ($5.86 billion) or $0.42 per share in the fourth quarter, compared to ($6.61 billion) or $0.58 per share during the same period last year. The adjusted earnings per share for Intel during the period were $1.52, the same as in the previous year. With analysts surveyed by FactSet forecasting