Inside Intel’s Earnings
The company reported earnings of $3.7 billion, or 74 cents per share, up from $2.6 billion, or 51 cents per share, a year ago. On average, analysts expected to see earnings of 66 cents per share.
Revenue came in at $14.7 billion, up from $13.8 billion last year. Analysts expected to revenue of $14.7 billion.
Shares May Be in for a Rest Period
Intel does offer a decent dividend yield of about 2.5% and has raised its dividend payout 42% in the last four years. Fund managers and investors may be interested in Intel on a pullback.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market||1.75%|
|VFINX||Vanguard 500 Index||1.10%|
The Bottom Line
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