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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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