TEAM - Intel Reports Weak Sales Joins Boyd Gaming Atlassian And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Nasdaq futures gaining over 150 points on Friday.
Shares of Intel Corporation (NASDAQ:INTC) shares fell sharply in today’s pre-market trading after the company reported worse-than-expected first-quarter sales results and issued EPS guidance below estimates.
Quarterly sales came in at $12.72 billion, which missed the analyst consensus estimate of $12.78 billion. Intel said it sees second-quarter earnings of 10 cents per share, versus the 10 cent estimate, and revenue in a range of $12.5 billion to $13.5 billion, versus the $12.68 billion estimate, according to ...