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: Seasonal Shopping, 3Q25—Expectations for the Fourth of July, Labor Day, Amazon Prime Day: US Consumer Survey Insights ExtraSustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey InsightsStore of the Future: Unlocking Performance Through InnovationUS Retail in the Rest of 2025: Normalized Demand and Leaner Inventories Ahead of a High-Stakes Holiday Season
