Categories AlphaGraphs, Earnings, Technology

Infographic: Intel (INTC) Q4 earnings beat despite lower revenue

Intel Corporation (NASDAQ: INTC) released fourth-quarter earnings report Thursday after the closing bell, reporting flat earnings and lower revenues. The results exceeded the market’s prediction.

Intel Q4 2020 earnings results

As the market uncertainty continued to weigh on demand, revenues declined 1% from last year to $20 billion in the fourth quarter but came in above the consensus forecast.

At $1.52 per share, adjusted earnings were unchanged from last year. Net income was $5.9 billion or $1.42 per share, compared to $6.9 billion or $1.58 per share in the corresponding period of 2019. Earnings, however, beat the Street view.

Read management/analysts views on Intel’s Q4 report

The company’s stock maintained a steady uptrend throughout Thursday but dropped soon after the earnings release. The shares have gained 18% since the beginning of the year.

  • Intel (INTC) Q3 2019 Earnings Review


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Disney (DIS): A look at the major winning points for its streaming business

Shares of the Walt Disney Company (NYSE: DIS) have been rallying since the entertainment leader delivered strong results for its third quarter of 2022 a day ago. The stock was

KSS Stock: After terminating sale talks, what awaits Kohl’s this year

Kohl’s Corporation (NYSE: KSS) has been on investors' radar ever since the retailer put itself up for sale earlier this year, after coming under pressure from activist investors. Putting an

Walt Disney Company (DIS) Q3 revenues, earnings beat Street view

Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations. Third-quarter revenues of the Los

Add Comment
Viewing Highlight