Intel (INTC) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.

Chipmaker Intel beat estimates for the fourth quarter but badly missed with its guidance for the current quarter. Intel stock fell.

The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. The world's largest chipmaker posted revenue of $13.67 billion in the period, which also beat Street forecasts.

Intel (INTC) is set to post fourth quarter results on Thursday after markets close. Wall Street expects the chipmaker to post EPS of $0.08 on revenue of $13.39 billion, implying a fall of 6% during the quarter.

Live Updates Get The Best Intel Live Earnings Coverage Like This Every Quarter Get earnings reminders, our top analysis on Intel, market updates, and brand-new stock recommendations delivered directly to your inbox.