Intel (NASDAQ:INTC) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Intel beat their estimated earnings by 54.05%, which surprised analysts.
Revenue was up $859,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22, which was followed by a 5.29% drop in the share price the next day.
Here’s a look at Intel’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.06 | 1.15 | 1.10 | 1.10 |
| EPS Actual | 1.28 | 1.39 | 1.52 | 1.11 |
| Revenue Estimate | 17.84B | 17.86B | 17.50B | 18.22B |
| Revenue Actual | 19.63B | 19.67B | 19.98B | 18.33B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
