Company Earnings UpdateIntel (NASDAQ: INTC) 1Q19 Results: Beats Consensus by Two Cents, Rapid Growth at Mobileye, Lowers Revenue Forecast for the Year Coresight Research April 26, 2019 Executive Summary Intel reported 1Q19 revenues of $16.06 billion, flat year over year and in line with the consensus estimate. Adjusted EPS was $0.89, up 1.8% and beating consensus by $0.02. PC-centric revenue increased 4.5%, offset by data-centric revenue, which declined 4.4%. Revenue from Mobileye grew 38.4%. The company reduced its 2019 revenue forecast by $2.5 billion to $69 billion and guided for Q2 revenues and EPS below consensus estimates. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Grocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag BehindHow Will Tariffs Impact China’s Singles’ Day 2025? Six Months To Go—What Brands and Retailers Need to KnowSeasonal Shopping, 4Q25—Early Spending Momentum Sets the Tone for the Holiday Season: US Consumer Survey Insights ExtraHoliday Bites: Resale Shopping and Secondhand Selling—Data Graphic
