Company News: Intel (INTC) Q3 results beat analysts’ estimates

Market news

19 October 2016

Company News: Intel (INTC) Q3 results beat analysts’ estimates

Intel reported Q3 FY 2016 earnings of $0.80 per share (versus $0.64 in Q3 FY 2015), beating analysts' consensus estimate of $0.72.

The company's quarterly revenues amounted to $15.778 bln (+9.1% y/y), beating analysts' consensus estimate of $15.605 bln.

The company also issued in-line guidance for Q4, projecting Q4 revenues of $15.2-16.2 bln versus analysts' consensus estimate of $15.88 bln; gross margin 63% +/- a couple percent. This revenue forecast is lower than the average seasonal increase for the fourth quarter.

INTC fell to $36.10 (-4.34%) in pre-market trading.

Company News: Yahoo! (YHOO) Q3 EPS beat analysts’ estimates

Orders

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.