According to Stacy Rasgon, senior analyst at Bernstein, Stacy Rasgon, Intel’s missed earnings and weak guidance is “something special”. The company missed analyst expectations polled by Refiitiv for both adjusted earnings per share and fourth-quarter revenue. Its revenue fell 32% year-over-year in the quarter. The company also released guidance for earnings and revenue per share for the first quarter that were below Refinitiv’s respective consensus estimates. Intel expects an adjusted net loss of 15 cents per share on revenue between $10.5 billion and $11.5 billion, compared with a 24 cent gain expected by Refinitiv for earnings per share on revenue of $13.93 billion. “I really don’t know what to say,” Rasgon said after CNBC’s “The End Bell: Overtime” report. “I don’t think I’ve seen anything like this before. This is something special.” The stock fell more than 8% following the report. Intel’s earnings call is scheduled for 5 p.m. ET. Rasgon said weak margins and forward guidance were the most disappointing. He has an underperforming rating on the stock.