Texas Instruments Earnings Preview: Analysts Expect Rising Revenue Over Last Quarter

Texas Instruments TXN releases its next round of earnings this Monday, July 25, 2011. Get prepared with Benzinga's ultimate preview of the company's second quarter earnings report. 

Earnings and Revenue:

Wall Street expects a positive EPS reading of 53 cents per share and revenues of $3.44 billion. Investors are bracing themselves for Monday when we'll learn if Texas Instruments reports expected declines in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $0.58 $0.63 $0.69 $0.62
EPS Actual $0.57 $0.64 $0.71 $0.62

Stock Performance:

Shares of Texas Instruments were trading at $31.42 as of July 19, 2011. Shares are down 2.6% year to date. For a full 12 months, the return has risen by 10.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Texas Instruments is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Wondering how Texas Instruments compares to rivals in the same sector? Here are a few of the company's peers.
  • Analog Devices ADI: Moderate Buy with a $0.75 recent quarter EPS
  • Broadcom BRCM: Moderate Buy with a $0.40 recent quarter EPS
  • Intel INTC: Moderate Buy with a $0.56 recent quarter EPS
  • Intersil ISIL: Hold with a $0.18 recent quarter EPS

The semi-general company's industry has seen price/earnings growth of 0.9% during the current fiscal year.

Finally, a description of the company's main areas of operation: Texas Instruments designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world.

Take Action:

That's your advanced look at Texas Instruments' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

  • To see up-to-date news on Texas Instruments, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Information TechnologySemiconductors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!