Texas Instruments Q4 EPS $1.49 Vs $2.13 Last Year, Sales $4.08B Miss $4.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments (NASDAQ:TXN) reported a decrease in Q4 earnings per share from $2.13 last year to $1.49 this year, a 30.05% drop. Sales also decreased by 12.70% to $4.08B, missing the $4.12B analyst consensus estimate.
January 23, 2024 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Texas Instruments reported lower Q4 earnings and sales, with a significant year-over-year decrease and a miss on sales estimates.
The reported decrease in earnings and missed sales estimates are likely to negatively impact investor sentiment and could lead to a short-term decline in TXN's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100