Published , by Donovan Erskine
Published , by Donovan Erskine
Intel’s (INTC) Q3 2024 earnings report featured not only information about the previous quarter, but the upcoming one. In providing a forecast for Q4, Intel predicted revenue to be higher than analysts expected.
Under the Forward-Looking Statements section of Intel’s Q3 2024 earnings report, the company announces that it expects revenue to land between $13.3 billion to $14.3 billion. This range mostly surpasses the analyst expectation of $13.7 billion.
Intel also provided a non-GAAP EPS forecast of $0.12, which is also north of the $0.08 expectation.
This comes from Intel’s full report, which showed a beat on revenue expectations but a substantial miss in terms of EPS.