Texas Instruments Earnings Preview: Can This Streak Continue?
Texas Instruments (NYSE:TXN) will report earnings after markets close on Monday, July 22nd. Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world.
Here is your Cheat Sheet to Texas Instruments Earnings:
Earnings Expectations: Analysts expect earnings of $0.41 per share on revenues of $3.06 billion. Currently, the company’s P/E ratio stands at 23.40.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.47 to a profit $0.51. For the current year, the average estimate is a profit of $1.71, which is better than the estimate ninety days ago.
Here’s how Texas Instruments has been performing on an annual basis:
|Revenue ($) in millions||12,501||10,427||13,966||13,735||12,825|
|Diluted EPS ($)||1.45||1.15||2.62||1.88||1.51|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||3,335.00||3,390.00||2,979.00||2,885.00|
|Diluted EPS ($)||0.39||0.67||0.23||0.32|
Texas Instruments has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)