What surprises stood out in INTC's earnings reports this year?
4/3/2025 08:21pm
Intel's (INTC) earnings reports this year have not yielded any surprises, as the company has not reported any earnings beats this year.
However, the company's performance in the latest quarter was notable for a few reasons:
1. **Earnings Performance**: Intel reported quarterly earnings of $0.13 per share, which was a surprise beat the Zacks Consensus Estimate of $0.12 per share. This represents an 8.33% earnings surprise, indicating a strong performance relative to expectations.
2. **Revenue Performance**: Intel reported revenue of $14.26 billion, surpassing the Zacks Consensus Estimate of $13.78 billion, representing a surprise of +3.49%. This suggests that the company's revenue performance was robust, despite a slight overall decline in revenue compared to the previous year.
3. **Stock Reaction**: Following the earnings release, Intel's shares gained as much as 4% in the aftermarket, indicating positive market sentiment towards the company's performance in the latest quarter.
Overall, while Intel has not experienced any earnings surprises this year, its latest earnings report reflects strong performance in terms of both earnings and revenue, which has been positively received by the market.