Intel Earnings, Revenue Beat in Q4

Investing.com – Intel (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Intel announced earnings per share of $1.52 on revenue of $20.21B. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $19.2B. That compared with EPS of $1.28 on revenue of $18.66B in the same period a year earlier.Intel had announced EPS of $1.42 on revenue of $19.19B in the previous quarter.Analysts are expecting EPS of $1.03 and revenue of $17.2B in the upcoming quarter.

Intel share’s are up 5.8% for the year to date and is trading at $63.32 , still down 0.60% from its 52 week high of $63.70 set on January 23.

Intel follows other major Technology sector earnings this month

Intel’s report follows an earnings beat by IBM on Tuesday, who reported EPS of $4.71 on revenue of $21.78B, compared to forecasts EPS of $4.69 on revenue of $21.64B.

Taiwan Semiconductor had beat expectations on January 17 with fourth quarter EPS of $0.75 on revenue of $10.6B, compared with anticipated for EPS of $0.73 on revenue of $10.5B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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