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Intel announced earnings per share of $1.45 on revenue of $19.83B. Analysts polled by Investing.com anticipated EPS of $1.28 on revenue of $18.63B. That with comparison to EPS of $0.89 on revenue of $16.06B in the same period a year before. Intel had reported EPS of $1.52 on revenue of $20.21B in the previous quarter. Analysts are expecting EPS of $1.19 and revenue of $17.71B in the upcoming quarter.
Intel shares are down 1% from the beginning of the year , still down 14.72% from its 52 week high of $69.29 set on January 24. They are outperforming the Dow 30 which is down 17.89% year to date.
Intel’s report follows an earnings matched by Taiwan Semiconductor on April 16, who reported EPS of $0.75 on revenue of $10.32B, compared to forecasts EPS of $0.75 on revenue of $10.32B.
SAP ADR had missed expectations on Tuesday with first quarter EPS of $0.92 on revenue of $7.08B, compared to forecast for EPS of $1.02 on revenue of $7.1B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
