Intel earnings and revenues beat but the guidance is a disppointment

Intel Corp (INTC) Q4 2023 Earnings:

  • EPS: $0.63, Beat expectations of $0.45.
  • Revenue: $15.4 billion, Beat expectations of $15.16 billion.
  • Guidance for Q1:
    • Adjusted EPS view: $0.13, below expectations of $0.34.
    • Adjusted revenue view: $12.2 to $13.2 billion, below expectations of $14.25 billion.

Intel revenue breakdown:

  • Client Computing: $8.84 billion, Beat expectations of $8.42 billion.
  • Datacenter & AI: $4 billion, slightly Below expectations of $4.08 billion.
  • Network & Edge: $1.47 billion, Below expectations of $1.55 billion.
  • Mobileye: $637 million, Beat expectations of $627.2 million.
  • Intel Foundry Services: $291 million, Below expectations of $342.5 million.

Shares of Intel are trading down -$2.28 or -4.54% in after-hour trading.

Other earnings summaries from after the close shows:

Levi Strauss & Co (LEVI) Q4 2023:

  • Adjusted EPS: $0.44, Beat expectations of $0.43.
  • Revenue: $1.6 billion, Below expectations of $1.66 billion.
  • FY24 Adjusted EPS View: $1.15 to $1.25, Below expectations of $1.33.
  • Shares are trading down -2.86% in after-hours trading

Visa Inc (V) Q1 2024:

  • Adjusted EPS: $2.41, Beat expectations of $2.34.
  • Revenue: $8.6 billion, Beat expectations of $8.54 billion.
  • Shares are trading down -1.16% in after-hours trading

Western Digital Corp (WDC) Q2 2024:

  • EPS: -$0.87, Beat expectations of -$1.13.
  • Revenue: $3.03 billion, Beat expectations of $2.99 billion.
  • Q3 Revenue Guidance: Sees revenue of $3.20 billion to $3.40 billion, Above expectations of $3.10 billion.
  • Despite the beat, shares are trading -3.98% in after-hours trading

KLA Corp (KLAC) Q2 2024:

  • EPS: $4.28, Beat expectations of $3.91.
  • Revenue: $2.49 billion, Beat expectations of $2.46 billion.
  • Shares are trading down -5.26% in aftermarket trading

T-Mobile Q4 2023

  • EPS: $1.67, Missed expectations of $1.90
  • Revenue: $20.48B, Missed expectations of $19.64B
  • Shares are trading down -1.93% in aftermarket trading
BeatdisppointmentearningsguidanceIntelRevenues
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