Texas Instruments Earnings, Revenue Beat in Q4

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEE6N1UV_M.jpg
© Reuters. Texas Instruments Earnings, Revenue Beat in Q4© Reuters. Texas Instruments Earnings, Revenue Beat in Q4

Investing.com – Texas Instruments (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Texas Instruments announced earnings per share of $1.11 on revenue of $3.35B. Analysts polled by Investing.com expected EPS of $1.02 on revenue of $3.26B. That was in comparison with EPS of $1.27 on revenue of $3.72B in the same quarter a year earlier.Texas Instruments had announced EPS of $1.49 on revenue of $3.77B in the prior quarter.Analysts are forecasting EPS of $1.03 and revenue of $3.23B in the upcoming quarter.

Texas Instruments stock’s are up 3.96% since the start of the year and is trading at $133.37 , still down 1.72% from its 52 week high of $135.70 set on January 22.

Texas Instruments follows other major Technology sector earnings this month

Texas Instruments’s report follows an earnings beat by Taiwan Semiconductor on Friday, who reported EPS of $0.75 on revenue of $10.6B, compared to anticipated EPS of $0.73 on revenue of $10.5B.

IBM had beat expectations on Tuesday with fourth quarter EPS of $4.71 on revenue of $21.78B, was in comparison with expected for EPS of $4.69 on revenue of $21.64B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment