Intel earnings missed by $0.44, revenue topped estimates

investing.com 31/10/2024 - 20:05 PM

Intel Q3 Earnings Report

Investing.com – Intel (NASDAQ: INTC) reported third quarter EPS of $-0.46, which is $0.44 worse than the analyst estimate of $-0.02. Revenue for the quarter came in at $13.3B versus the consensus estimate of $13.02B.

Guidance

  • Q4 2024 EPS: Intel sees EPS of $0.12 versus the analyst consensus of $0.08.
  • Q4 2024 Revenue: Projected at $13.30B-$14.30B versus the analyst consensus of $13.66B.

Intel's stock price closed at $21.52. It is up 0.19% in the last 3 months and down -42.29% in the last 12 months.

Intel saw 0 positive EPS revisions and 32 negative EPS revisions in the last 90 days. For more information regarding Intel's stock performance in relation to earnings, check here.

According to InvestingPro, Intel's Financial Health score is "fair performance".

Stay informed about upcoming earnings reports by visiting Investing.com's earnings calendar.




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