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Texas Instruments (TXN) Q3 Earnings Preview: What To Expect

Benzinga ·  Oct 21 22:30

Texas Instruments Inc(NASDAQ:TXN) shares are trading lower by roughly 1.06% to $196.32 over the trailing week. Traders and investors are watching for the company's third-quarter earnings report which is confirmed for Tuesday's after-hours session. According to analyst consensus estimates, TXN is expected to report EPS of $1.38 on revenue of $4.12 billion.

What TXN Investors Are Watching For:In the second quarter, Texas Instruments reported earnings of $1.22 per share, surpassing the analyst consensus of $1.17. Revenue for the quarter matched expectations at $3.82 billion.

While the company saw declines in its industrial and automotive segments, other markets experienced growth, reflecting...

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