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Intel's (INTC) Q4 earnings are due out later, with analysts expecting that EPS fell to $0.45...

Intel's (INTC) Q4 earnings are due out later, with analysts expecting that EPS fell to $0.45 from $0.64 while revenue dropped to $13.52B from $13.89B. Intel is struggling to overcome a falling market for its PC chips and the European economic slump, although it is benefiting from a shift to new data-center technologies. The chipmaker is also about to lose departing CEO Paul Otellini, but analysts don't expect an announcement about his successor today.
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Comments (3)
  • pauld43
    , contributor
    Comments (4) | Send Message
     
    Even with a weak earning report INTC is up $.15 in early trading today. What's up with that?
    17 Jan 2013, 09:44 AM Reply Like
  • BlueVelvet
    , contributor
    Comments (41) | Send Message
     
    It will be reported after hours. It hasn't been reported yet. No one knows the data. It is just good old gambling. Let's see how they bet pans out in just a couple of hours!
    17 Jan 2013, 09:51 AM Reply Like
  • dncablao1
    , contributor
    Comments (4) | Send Message
     
    The technical's show the stock has a nice upward trend line after hitting it's recent bottom back in Nov.21. The stock has plenty of momentum closing up above short term resistance at 22.31.

     

    Have not heard of any pre-announced warning this last 2 weeks which is a positive.

     

    MACD also trending up.

     

    Will have to see how the markets behave to INTC earnings after the bell today.
    Positive news should propel the stock price further. Next resistance 24.20
    17 Jan 2013, 04:20 PM Reply Like
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