Intel (NASDAQ:INTC) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Intel beat estimated earnings by 8.75%, reporting an EPS of $0.87 versus an estimate of $0.8.
Revenue was down $1.32 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 7.04% drop in the share price the next day.
Here's a look at Intel's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.90 | 1.11 | 1.06 | 1.15 |
| EPS Actual | 1.09 | 1.71 | 1.28 | 1.39 |
| Revenue Estimate | 18.32B | 18.24B | 17.84B | 17.86B |
| Revenue Actual | 20.53B | 19.19B | 19.63B | 19.67B |
To track all earnings releases for Intel visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
