A few hours before Intel was scheduled to report its quarterly results Tuesday, Reuters sent out a second-quarter earnings alert, which sent shares lower.
The problem? Intel is set to report third-quarter earnings after the bell.
Reuters apologized for the blip a few moments later, saying "Please ignore the alert… Intel did not issue a statement on its second-quarter results. The company had reported second-quarter results on July 15, 2014."
Intel shares dipped at 1:30 p.m. EDT when the erroneous alert surfaced. The stock saw a huge spike in volume. It was last up about 1 percent, versus 2.4 percent a before the mix up.
Wall Street forecast earnings of 65 cents a share on $14.45 billion in revenue, according to a consensus estimate from Thomson Reuters.