INTC Beats Q4 Earnings Estimates Despite Y/Y Lower Revenues

Intel Corporation (INTC) reported relatively healthy fourth-quarter 2024 results, with adjusted earnings and revenues beating the respective Zacks Consensus Estimate. Despite solid traction from an accelerated ramp-up of artificial intelligence (AI) PCs, margins were significantly affected by initiatives to drive operational efficiency and agility, and accelerate profitable growth. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Intel has made significant strides in its cost-cutting p ...