Texas Instruments Earnings Beat, Revenue Misses In Q3 -Breaking
Texas Instruments (NASDAQ) reported Tuesday that the third quarter beat analyst forecasts, and that revenue was below expectations.
Texas Instruments reported earnings per share at $2.07 for revenue $4.64B. Investing.com polled analyst to predict EPS of $2.05 based on $4.66B in revenue.
Texas Instruments shares rose 58% over the course of the year. They are down 2.71% since October 25, when it hit a 52-week high at $202.26. They outperform the market, up 20.73% over the previous year.
After-hours trading for Texas Instruments was affected by the news and saw a loss of 4.97%.
Texas Instruments reports this month’s top Technology sector earnings
The Texas Instruments report comes after an Alphabet C earnings beat on Tuesday. They reported EPS at $27.99 for revenue $65.12B. This compares to the forecasts of EPS at $23.84 for revenue $63.47B.
Facebook beat all expectations Monday, posting a third-quarter EPS of 3.22 on $29.01B in revenue. This compares to the forecast of EPS at $3.19 for $29.58B.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar
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