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Texas Instruments Misses Q4 Estimates, Shares Surge As Q1 Guidance Shines - Texas Instruments (NASDAQ:TXN)
- After the bell, Texas Instruments Inc shares rose to $206.80 in after-hours trading following stronger-than-expected first-quarter guidance, reports said.
- After missing estimates, Texas Instruments Inc said fourth-quarter results included a six-cent EPS reduction not in original guidance, reflecting a miss on earnings and revenue versus Wall Street analysts.
- TI's guidance shows EPS of $1.22 to $1.48 and revenue of $4.32 billion to $4.68 billion, slightly above the Street estimates, according to LSEG.
- Market watchers pointed to Texas Instruments' guidance as main driver of after-hours rise and noted the earnings call at 4:30 p.m. ET plus $3.9 billion R&D, $4.6 billion capex, $6.5 billion returned.
- Total revenue figures indicate total revenue up 10% year-over-year, data-center revenues accounted for 9% of sales with a 70% Q4 surge, and Texas Instruments ended the quarter with $3.23 billion cash and cash equivalents.
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Texas Instruments Misses Q4 Estimates, Shares Surge As Q1 Guidance Shines - Texas Instruments (NASDAQ:TXN)
Texas Instruments Inc (NASDAQ:TXN) reported financial results for the fourth quarter Tuesday after the bell. Here’s a rundown of the report. Texas Instruments stock is trading in a tight range. What should traders watch with TXN? Texas Instruments Misses Q4 Estimates Texas Instruments reported fourth-quarter revenue of $4.42 billion, missing analyst estimates of $4.44 billion. The company reported fourth-quarter earnings of $1.27 per share, mis…
·New York, United States
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Coverage Details
Total News Sources27
Leaning Left5Leaning Right1Center12Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 28%
C 67%
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