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Wall Street's Insights Into Key Metrics Ahead of Texas Instruments (TXN) Q1 Earnings

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Wall Street analysts expect Texas Instruments (TXN - Free Report) to post quarterly earnings of $1.37 per share in its upcoming report, which indicates a year-over-year increase of 7%. Revenues are expected to be $4.52 billion, up 11% from the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during 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 a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

That said, let's delve into the average estimates of some Texas Instruments metrics that Wall Street analysts commonly model and monitor.

It is projected by analysts that the 'Revenue- Other' will reach $186.43 million. The estimate indicates a change of -12.1% from the prior-year quarter.

Based on the collective assessment of analysts, 'Revenue- Embedded Processing' should arrive at $667.28 million. The estimate suggests a change of +3.1% year over year.

The consensus among analysts is that 'Revenue- Analog' will reach $3.66 billion. The estimate indicates a year-over-year change of +13.9%.

Analysts forecast 'Operating Profit- Analog' to reach $1.40 billion. Compared to the current estimate, the company reported $1.21 billion in the same quarter of the previous year.

The consensus estimate for 'Operating Profit- Other' stands at -$4.56 million. Compared to the current estimate, the company reported $78.00 million in the same quarter of the previous year.

The average prediction of analysts places 'Operating Profit- Embedded Processing' at $95.98 million. Compared to the current estimate, the company reported $40.00 million in the same quarter of the previous year.

View all Key Company Metrics for Texas Instruments here>>>

Texas Instruments shares have witnessed a change of +18.5% in the past month, in contrast to the Zacks S&P 500 composite's +5.2% move. With a Zacks Rank #2 (Buy), TXN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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