Earnings Outlook: Intel earnings: What to expect from the chip maker

Intel Corp. will likely show some growth in its key data center and PC businesses when the company reports fiscal third-quarter earnings after the market closes on Tuesday.

Intel INTC, -0.43% continues to focus on high-growth areas, such as data centers and Internet of Things (which includes its recent autonomous car push) that utilize new technologies such as the cloud, while distancing itself from the weakening PC and commoditizing smartphone markets. But the company raised its revenue forecast for the quarter last month, citing some improvements in PC demand.

Here’s what to expect:

Earnings: Sell-side analysts surveyed by FactSet expect Intel to report a profit of 73 cents a share, compared with 64 cents in the year-earlier period.

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