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Earnings Preview: Texas Instruments
Published on Friday, 20 January 2012 10:32 Written by Christian Paolinetti
New York, January 20th (TradersHuddle.com) - Shares of Texas Instruments Incorporated (NYSE:TXN) are trading lower by -0.95% ahead of its
quarterly earnings release. Texas Instruments, the maker of digital signal processing (DSP) and microcontroller (MCU) semiconductors is expected to release its quarterly results on January 23rd.
Wall Street Analysts consensus calls for a profit of $0.39 a share on $3.25 billion revenue.
Texas Instruments estimates have a range of $0.11 a share. The high estimate calls for profit of $0.46 a share and the low estimate is calling for a profit of $0.35 a share, a year ago for the quarter the company reported $0.78 a share.
Texas Instruments Incorporated (NYSE:TXN) engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. The company supplies analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses.
Other companies on the watch on this earnings event are Analog Devices, Inc. NYSE:ADI and ON Semiconductor Corporation NASDAQ:ONNN.
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