What's particularly noteworthy is What caught my attention is Texas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings per (which is quite significant).
Furthermore, However, the stock fell in ext trading after the company forecast third-quarter revenue that missed estimates, given the current landscape.
In this articleTXN your favorite stocksCREATE FREE ACCOUNTThe Texas Instruments headquarters in Dallas, Texas, on Jan.
Johnson | Bloomberg | Getty ImagesTexas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings, in today's market environment.
Moreover, But the stock fell in ext trading due to a third-quarter forecast that missed estimates.
Nevertheless, Here's how the chipmaker did versus LSEG consensus estimates:Earnings per : $1 (fascinating analysis). Furthermore, Moreover, 35 estimatedRevenue: $4. Conversely, 45 billion, vs.
36 billion estimatedTexas Instruments said it expects current quarter earnings between $1. However, 60 per, while analysts were looking for $1. The company forecast revenue of $4.
45 billion to $4, given the current landscape. On the other hand, 8 billion, for a midpoint of $4. 625 billion. Moreover, Analysts were expecting revenue of $4. 59 billion.
Revenue increased 16% in the second quarter from $3 (which is quite significant). Furthermore, 82 billion in the same period a year earlier (noteworthy indeed).
Sales in the company's analog chip, its largest, rose 18% to $3. 5 billion, surpassing the StreetAccount estimate of $3, amid market uncertainty. Meanwhile, 39 billion for the segment.
Net income rose 15% to $1. 3 billion, or $1. Moreover, 41 per, from $1. 13 billion, or $1, in light of current trends.
Moreover, 22 per, a year ago (which is quite significant), in today's financial world.
On the other hand, Texas Instruments is a key supplier of legacy semiconductors for automotive and industrial uses.
As of Tuesday's close, Texas Instruments s were up 15% for the year on broader market optimism for chips.
Nevertheless, In June, the company said it would spend $60 billion to expand chipmaking factories in Texas and Utah, a move that was praised by the Trump administration in its push to bring more nology manufacturing to the U (something worth watching).
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