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Intel (INTC) Shares Rise Ahead of Q2 Results After the Close

July 14, 2009 2:29 PM EDT
Intel (Nasdaq: INTC) will report its Q2 earnings today after the market closes. Wall Street analysts' are currently looking for quarterly EPS of $0.08 on sales of $7.28 billion. Also, as Intel usually provides sales guidance for the next quarter, traders will be focusing on this all important outlook. The Street sees Q3 sales of $7.81 billion.

According to our Earnings records, Intel usually reports results right around 4:15pm ET.

Shares of Intel are trading higher this afternoon ahead of the quarterly results. The stock most recently traded at $16.73, up 1.4% from yesterday's close. Notably, shares of Intel are up about 2% for the month of July and about 14% on a year-to-date basis, which would put it's performance in line with the Nasdaq index.

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