Modificare „Intel Beats Q3 Earnings Estimates”

<p style="text-align: justify; "><br></p><p style="text-align: justify; ">Intel (US.INL) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 73.53%. A quarter ago, it was expected that this world's largest chipmaker would post earnings of $0.69 per share when it actually produced earnings of $0.29, delivering a surprise of -57.97%.&nbsp;</p><p style="text-align: justify; ">Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Intel , which belongs to the Zacks Semiconductor - General industry, posted revenues of $15.34 billion for the quarter ended September 2022, missing the Zacks Consensus Estimate by 0.99%. This compares to year-ago revenues of $19.19 billion. The company has topped consensus revenue estimates two times over the last four quarters.&nbsp;</p><p style="text-align: justify; ">The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Intel shares have lost about 47.2% since the beginning of the year versus the S&amp;P 500's decline of -19.6%.

</p><p style="text-align: justify; "><br></p><p style="text-align: justify; "><br></p><p style="text-align: center;">[https://finance.yahoo.com/news/intel-intc-beats-q3-earnings-212509723.html READ MORE]<br></p>
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