Published on 18 Apr 2024 on Zacks via Yahoo Finance
What's in Store for Texas Instruments (TXN) in Q1 Earnings?
Texas Instruments Incorporated TXN is scheduled to report first-quarter 2024 results on Apr 23.For first-quarter 2024, Texas Instruments expects revenues between $3.45 billion and $3.75 billion. The Zacks Consensus Estimate is pegged at $3.61 billion, suggesting a decline of 17.7% from the year-ago quarter’s reported figure.Management expects earnings between 96 cents and $1.16 per share for the quarter under review. The consensus mark is pegged at $1.06 per share, indicating a fall of 42.7% from the prior-year quarter’s reported figure. The estimate has been unchanged over the past 30 days.TXN’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the same on one occasion, delivering an earnings surprise of 3.2%, on average.
Texas Instruments Incorporated Price and EPS Surprise