Jim Cramer's Thoughts on Intel's Earnings

Author:
Publish date:
Video Duration:
0

Intel (INTC) - Get Report earnings were also released after the bell Thursday.

Adjusted earnings per share for the third quarter came in at $1.42, beating Wall Street's estimates of $1.33 and rising 1% year-over-year. Revenue was $19.2 billion, beating analysts expectations of $18.048 billion. Revenue was flat year-over-year.

Datacenter revenue was $6.4 billion, beating estimates of $5.6 billion. Client Computing revenue was $9.7 billion, against expectations of $9.59 billion. Internet of Things revenue was $1 billion, missing estimates of $1.124 billion.

Jim Cramer weighs in on the readthrough that Intel's earnings have for other semiconductor companies. 

More from Cramer Today

Full Replay: Jim Cramer on the Federal Reserve, Amazon and Intel

Why CAT Is Making Jim Cramer Think the Worst Is Over For the U.S. Economy

Jim Cramer: Get Off of the Recession Treadmill

Jim Cramer: Now Is Not the Time to Buy Amazon

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below

Related Videos