Texas Instruments earnings beat by $0.09, revenue topped estimates

investing.com 22/10/2024 - 20:04 PM

Texas Instruments Reports Q3 Earnings

Investing.com – Texas Instruments (NASDAQ: TXN) reported third-quarter EPS of $1.47, which is $0.09 better than the analyst estimate of $1.38. Revenue for the quarter reached $4.15B compared to the consensus estimate of $4.12B.

Guidance

Texas Instruments projects Q4 2024 EPS to be between $1.07 and $1.29, below the analyst consensus of $1.34. The company forecasts Q4 2024 revenue of $3.70B to $4.00B, also below the consensus estimate of $4.07B.

Texas Instruments's stock closed at $193.97, down 3.97% in the last three months but up 32.57% over the past year.

In the last 90 days, the company saw 7 positive and 5 negative EPS revisions. For more details on Texas Instruments's stock performance, visit here.

According to InvestingPro, Texas Instruments's Financial Health score is rated as "fair performance".

To keep up with all upcoming earnings reports, visit Investing.com's earnings calendar.




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