Texas Instruments Q3 Earnings Beat: Can Strong Results Lift the Stock?
TI(TXN) ZACKS·2024-10-23 23:15
Texas Instruments (TXN) reported third-quarter 2024 earnings of $1.47 per share, which surpassed the Zacks Consensus Estimate by 8.1%. The figure came at the higher end of the guided range of $1.24-$1.48 per share. However, the figure declined 20.5% year over year.TXN reported revenues of $4.15 billion, which beat the Zacks Consensus Estimate by 1%. The figure came at the higher end of management’s guidance of $3.94-$4.26 billion. Revenues decreased 8.4% year over year and increased 8.6% sequentially.Due to ...