Texas Instruments 2Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 3 cents per share, Texas Instruments (NASDAQ:TXN) is expected to deliver its latest earnings on Monday, July 23, 2012.
Expectations
Analysts currently expect Texas Instruments to come in with earnings of 39 cents per share on revenues of $3.35 billion. Estimates range from 33 cents per share to 43 cents per share. Over the past two months, the average estimate has moved down from 40 cents.
Company Fundamental Trends
Stock Ratings
Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 60.2% to $265 million (22 cents a share) from $666 million (55 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 8% to $3.12 billion from $3.39 billion.
Summary
Reporting Period: 2Q
Date of Release: Monday, July 23, 2012
EPS: 39 cents
Revenue Estimate: $3.35 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)