=Intel (INTC) reported earnings on Thur 26 Oct 2017 (a/h)

Intel beats by $0.14, beats on revs; guides Q4 EPS, revs in-line; raises FY17 EPS, revs guidance above consensus 

• Reports Q3 (Sep) earnings of $0.94 per share, $0.14 better than the Capital IQ Consensus of $0.80;revenues rose 2.4% year-over-year to $16.15 bln vs the $15.73 bln Capital IQ Estimate. Gross margins were 62.3%, down 1 pt from 63.3% a year ago
  • Client computing flat to $8.9 bln
  • Data Center up 7% to $4.9 bln
  • IoT up 23% to $849 mln
  • non-Volatile Memory up 37% to $891 mln
  • Programmable Solutions up 10% to $469 mln
• Co issues in-line guidance for Q4, sees EPS of $0.81-0.91 vs. $0.83 Capital IQ Consensus Estimate; sees Q4 revs of $15.8-16.8 bln vs. $16.11 bln Capital IQ Consensus Estimate.
• Co issues upside guidance for FY17, sees EPS of $3.20-3.30 from $2.85-3.15) vs. $3.01 Capital IQ Consensus Estimate; sees FY17 revs of $61.5-62.5 bln (from $60.8-61.8 bln) vs. $61.39 bln Capital IQ Consensus Estimate.