Company News: Intel (INTC) quarterly results beat analysts’ expectations

Market news

26 January 2018

Company News: Intel (INTC) quarterly results beat analysts’ expectations

Intel (INTC) reported Q4 FY 2017 earnings of $1.08 per share (versus $0.79 in Q4 FY 2016), beating analysts' consensus estimate of $0.87.

The company's quarterly revenues amounted to $17.053 bln (+4.1% y/y), beating analysts' consensus estimate of $16.343 bln.

The company issued in-line guidance for Q1 FY 2018, projecting EPS of $0.65-0.75 (versus analysts' consensus estimate of $0.72) at revenues of $14.5-15.5 bln (versus analysts' consensus estimate of $15.03 bln).

Intel also raised quarterly dividend 10% to $0.30.

INTC rose to $47.63 (+5.14%) in pre-market trading.

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