Home > Texas Instruments Didn't Beat Earnings Estimates

Business
Texas Instruments Didn't Beat Earnings Estimates

Description

Chipmaker Texas Instruments fourth-quarter earnings failed to exceed Wall Street expectations. This dropped the company’s shares by 5 percent on Tuesday. The Dallas-based company reported a 67 percent slump in profit to $344 million in the quarter ended Dec. 31. Excluding tax expenses, Texas Instruments earned $1.09 per share, matching analysts’ average estimate. Net revenue rose 9.8 percent to $3.75 billion, exceeding analysts’ estimate of $3.74 billion.

Added on the 23/01/2018 17:33:33 - Copyright : Wochit

To customise your video :

Generic export code

More videos on the subject

Merck earnings beat estimates, raises full year guidance

Merck posted better than expected sales and profit. The company getting a boost from its diabetes drug Januvia, but strong dollar concerns linger. Shartia Brantley reports.

28/04/2015 - Reuters EN
What To Expect From Apple’s Earnings

21/01/2021 - Wochit
Lowe's Shares Drop As Earnings Fall Short Of Estimates

On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.

18/11/2020 - Wochit
McDonald’s Earnings Top Estimates

09/11/2020 - Wochit
LinkedIn earnings beat. Wall St flat as investors look to jobs data

Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday's U.S. payrolls report for July. Bobbi Rebell reports.

04/08/2016 - Reuters EN
GE earnings beat, but worries loom

General Electric reported higher-than-expected first quarter profit, but there are concerns about revenue, which fell. Bobbi Rebell reports.

22/04/2016 - Reuters EN