Company News: Intel (INTC) Q4 Earnings Beat Expectations

Market news

15 January 2016

Company News: Intel (INTC) Q4 Earnings Beat Expectations

Intel reported Q4 FY 2015 earnings of $0.74 per share (versus $0.74 in Q4 FY 2014), beating analysts' consensus of $0.63.

The company's revenues amounted to $14.914 bln (+1.3% y/y), slightly beating consensus estimate of $14.802 bln.

Intel issued in-line guidance for Q1 FY 2016, projecting quarterly revenues of $13.6-14.6 bln versus consensus of $13.89 bln.

INTC fell to $30.90 (-5.62%) in pre-market trading.

Bank of England’s quarterly Credit Conditions Survey: demand for personal credit and unsecured loans in the third quarter rose strongly

U.S.: PPI, y/y, December -1% (forecast -1%)

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