Texas Instruments: Q3 EPS above estimates
(CercleFinance.com) - On Tuesday evening, Texas Instruments announced Q3 net profit that is down 9% at 1.
42 billion dollars, meaning EPS of 1.49 dollar, seven cents above the consensus.
The Dallas-based electronics group saw its revenues fall 11% to 3.77 billion dollars, with its core businesses posting declines of 8% for analog chips and 19% for integrated chips.
For Q4, Texans Instruments expects EPS of between 91 cents and 1.09 dollar (including an estimated tax benefit of 5 million dollars) for sales of between 3.07 billion and 3.33 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
42 billion dollars, meaning EPS of 1.49 dollar, seven cents above the consensus.
The Dallas-based electronics group saw its revenues fall 11% to 3.77 billion dollars, with its core businesses posting declines of 8% for analog chips and 19% for integrated chips.
For Q4, Texans Instruments expects EPS of between 91 cents and 1.09 dollar (including an estimated tax benefit of 5 million dollars) for sales of between 3.07 billion and 3.33 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.