Intel Earnings, Revenue beat in Q4

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

Intel announced earnings per share of $1.09 on revenue of $19.53B. Analysts polled by Investing.com anticipated EPS of $0.9042 on revenue of $18.33B.

Intel shares are down 0% from the beginning of the year and are trading at $51.69 , down-from-52-week-high.They are outperforming the S&P 500 which is down 8.77% from the start of the year.

Intel follows other major Information Technology sector earnings this month

Intel’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.48 on revenue of $51.73B, compared to forecasts EPS of $2.31 on revenue of $50.65B.

Taiwan Semiconductor had beat expectations on January 13 with fourth quarter EPS of $1.16 on revenue of $15.85B, compared to forecast for EPS of $1.12 on revenue of $15.69B.

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

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