Benzinga | Oct 21, 2021 05:43PM EDT

Recap: Intel Q3 Earnings

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 2020EPS Estimate 1.06 1.15 1.10 1.10EPS Actual 1.28 1.39 1.52 1.11Revenue Estimate 17.84B 17.86B 17.50B 18.22BRevenue Actual 19.63B 19.67B 19.98B 18.33B

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