On Tuesday 22nd October 2024, Texas Instruments (NASDAQ: TXN) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
As per the projections made by financial experts on Wall Street, the concern is expected to announce an estimated $1.38 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $4.12 billion.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $15.7 billion. In addition, they anticipate the company to report profit of $5.16 per share for the fiscal year.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $1.85 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.22 | -34.8% | 3.82 B | -15.6% |
| Q1 2024 | $1.20 | -35.1% | 3.66 B | -16.4% |
| Q4 2023 | $1.49 | -30.0% | 4.08 B | -12.7% |
| Q3 2023 | $1.85 | -25.1% | 4.53 B | -13.5% |
| Q2 2023 | $1.87 | -23.7% | 4.53 B | -13.1% |
| *Growth on year-over-year basis | ||||
TXN will host a conference call with investment community on 22nd October 2024 at 04:30 PM eastern time to discuss the financial results.
Texas Instruments (TXN) closed Friday's regular trading session at $198.47, demonstrating a 0.09 percent gain. The stock fluctuated between $196.74 and $199.96 during the day, with a volume of 4.03 million shares.