Texas Instruments Q3 2024 GAAP EPS $1.47 Beats $1.37 Estimate, Sales $4.151 Miss $4.120B Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments reported Q3 2024 earnings per share of $1.47, surpassing the analyst estimate of $1.37. However, its sales of $4.151 billion fell short of the $4.120 billion estimate, marking a significant year-over-year decline from $4.532 billion.
October 22, 2024 | 8:02 pm
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Texas Instruments' Q3 2024 earnings per share exceeded expectations, but sales fell short, indicating potential challenges in revenue generation compared to last year.
The earnings per share beat suggests operational efficiency or cost management, which is positive. However, the sales miss and significant year-over-year decline indicate potential issues in market demand or competition, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100