Texas Instruments (NASDAQ:TXN) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Texas Instruments beat estimated earnings by 7.8%, reporting an EPS of $2.35 versus an estimate of $2.18.

Revenue was up $616.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 2.51% increase in the share price the next day.

Here's a look at Texas Instruments's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Texas Instruments management provided guidance for Q2 2022, expecting earnings between $1.84 and $2.26 per share.

To track all earnings releases for Texas Instruments visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.