© Reuters. Intel Earnings, Revenue Beat in Q2
biedexmarkets.com – Intel (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Intel announced earnings per share of $1.28 on revenue of $18.53B. Analysts polled by biedexmarkets.com anticipated EPS of $1.07 on revenue of $17.8B.
Intel shares are up 12% from the beginning of the year, still down 18.27% from its 52 week high of $68.48 set on April 12. They are under-performing the which is up 15.92% from the start of the year.
Intel follows other major Technology sector earnings this month
Intel’s report follows an earnings missed by Taiwan Semiconductor on July 15, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Accenture had beat expectations on June 24 with third quarter EPS of $2.4 on revenue of $13.26B, compared to forecast for EPS of $2.24 on revenue of $12.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting biedexmarkets.com’s earnings calendar