Intel (INTC) reported Q3 FY 2019 earnings of $1.42 per share (versus $1.40 in Q3 FY 2018), beating analysts’ consensus estimate of $1.24.

The company’s quarterly revenues amounted to $19.190 bln (+0.1% y/y), beating analysts’ consensus estimate of $18.066 bln.

The company also issued upside guidance for Q4 and the full fiscal year 2019. It projected Q4 EPS of $1.24 versus analysts’ consensus estimate of $1.21 and Q4 revenue of $19.2 bln versus analysts’ consensus estimate of $18.83 bln. For FY 2019, it forecast EPS of $4.60 versus analysts’ consensus estimate of $4.38 and revenue of $71.0 bln versus analysts’ consensus estimate of $69.47 bln.

INTC rose to $54.20 (+3.77%) in pre-market trading.