We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Texas Instruments (TXN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
The upcoming report from Texas Instruments (TXN - Free Report) is expected to reveal quarterly earnings of $1.47 per share, indicating no change from the year-ago quarter. Analysts forecast revenues of $4.65 billion, representing an increase of 11.9% year over year.
The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Texas Instruments metrics that Wall Street analysts commonly model and monitor.
The average prediction of analysts places 'Revenue- Other' at $319.55 million. The estimate points to a change of +16.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Embedded Processing' should arrive at $717.85 million. The estimate points to a change of +9.9% from the year-ago quarter.
Analysts predict that the 'Revenue- Analog' will reach $3.60 billion. The estimate points to a change of +11.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Operating Profit- Analog' will likely reach $1.46 billion. The estimate is in contrast to the year-ago figure of $1.32 billion.
According to the collective judgment of analysts, 'Operating Profit- Other' should come in at $12.22 million. Compared to the current estimate, the company reported $129.00 million in the same quarter of the previous year.
The consensus among analysts is that 'Operating Profit- Embedded Processing' will reach $131.79 million. Compared to the current estimate, the company reported $109.00 million in the same quarter of the previous year.
Shares of Texas Instruments have demonstrated returns of -2.8% over the past month compared to the Zacks S&P 500 composite's +0.9% change. With a Zacks Rank #3 (Hold), TXN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Texas Instruments (TXN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
The upcoming report from Texas Instruments (TXN - Free Report) is expected to reveal quarterly earnings of $1.47 per share, indicating no change from the year-ago quarter. Analysts forecast revenues of $4.65 billion, representing an increase of 11.9% year over year.
The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Texas Instruments metrics that Wall Street analysts commonly model and monitor.
The average prediction of analysts places 'Revenue- Other' at $319.55 million. The estimate points to a change of +16.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Embedded Processing' should arrive at $717.85 million. The estimate points to a change of +9.9% from the year-ago quarter.
Analysts predict that the 'Revenue- Analog' will reach $3.60 billion. The estimate points to a change of +11.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Operating Profit- Analog' will likely reach $1.46 billion. The estimate is in contrast to the year-ago figure of $1.32 billion.
According to the collective judgment of analysts, 'Operating Profit- Other' should come in at $12.22 million. Compared to the current estimate, the company reported $129.00 million in the same quarter of the previous year.
The consensus among analysts is that 'Operating Profit- Embedded Processing' will reach $131.79 million. Compared to the current estimate, the company reported $109.00 million in the same quarter of the previous year.
View all Key Company Metrics for Texas Instruments here>>>Shares of Texas Instruments have demonstrated returns of -2.8% over the past month compared to the Zacks S&P 500 composite's +0.9% change. With a Zacks Rank #3 (Hold), TXN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .