Texas Instruments TXN is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Texas Instruments will report an earnings per share (EPS) of $1.37.
Investors in Texas Instruments are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
The company's EPS beat by $0.05 in the last quarter, leading to a 0.01% drop in the share price on the following day.
Here's a look at Texas Instruments's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.17 | 1.07 | 1.46 | 1.81 |
| EPS Actual | 1.22 | 1.20 | 1.49 | 1.85 |
| Price Change % | -0.0% | 6.0% | -2.0% | -3.0% |
Stock Performance
Shares of Texas Instruments were trading at $198.47 as of October 18. Over the last 52-week period, shares are up 32.98%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Texas Instruments visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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