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

Notícias do Mercado

19 outubro 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.

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