25.04.2019 22:30:54
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Intel Corporation Q1 adjusted earnings Beat Estimates
(RTTNews) - Intel Corporation (INTC) revealed a profit for first quarter that fell from the same period last year.
The company's earnings came in at $4.0 billion, or $0.87 per share. This compares with $4.5 billion, or $0.93 per share, in last year's first quarter.
Excluding items, Intel Corporation reported adjusted earnings of $4.0 billion or $0.89 per share for the period.
Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue came in at $16.1 billion, equal to the mark posted in the same period last year.
Intel Corporation earnings at a glance:
-Earnings (Q1): $4.0 Bln. vs. $4.2 Bln. last year. -EPS (Q1): $0.89 vs. $0.87 last year. -Analysts Estimate: $0.87 -Revenue (Q1): $16.1 Bln vs. $16.1 Bln last year.
-Guidance: Next quarter EPS guidance: $0.89 Next quarter revenue guidance: $15.6 Bln Full year EPS guidance: $4.35 Full year revenue guidance: $69.0 Bln
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