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Intel Q3 Adj. EPS $1.71 Beats $1.11 Estimate, Non-GAAP Revenue $18.10B Miss $18.24B Estimate

Benzinga2021-10-22

Intel (NASDAQ:INTC) reported quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.11 by 54.05 percent. This is a 54.05 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $18.10 billion which missed the analyst consensus estimate of $18.24 billion by 0.77 percent. This is a 1.27 percent decrease over sales of $18.33 billion the same period last year.

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  • BoonHuat
    ·2021-10-22
    Strong competition, have to do more to win back customers.
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  • SufiTrades
    ·2021-10-22
    Price always does not follow earnings but market makers
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  • patricklowck
    ·2021-10-22
    Why drop so much? 
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