INTC earnings after the close...

Quote from S2007S:

So I guess they actually missed earnings by 3 cents......



INTC reported first quarter net income of $1.44 billion, or 25 cents a share, compared with profit of $1.64 billion, or 28 cents a share, for the year-earlier period. Revenue was $9.7 billion, up from $8.85 billion the previous year. The company said the quarter included charges of 4 cents a share related to restructuring and asset impairment. Intel was expected to report earnings of 28 cents a share on revenue of $9.65 billion, according to a survey of analysts by FactSet Research. Intel said it expects second-quarter revenue of between $9 billion and $9.6 billion. The mid-point is slightly higher than the consensus projection of $9.26 billion, according to FactSet data.
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But as usual, you conveniently leave out one of the most significant "metrics" . . . MARGINS.

53.8% for the quarter vs the company's guidance for gross margins of 56% for the second quarter!
 
Where is the rise for today? It went up after hours, probably very low volume trades and in the first hour went down the whole time with high vol, now its just flat.

If intel is the spark to get the dow up 170 why is it down from its open, where are the buyers?
 
Quote from stock_trad3r:

LOL INTC is still below its AH close yesterday while the market is roaring. I sense this is probably going back to 21.
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your senses are weak master yoda
 
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