Texas Instruments (TXN) Down 5% After Results and Guidance
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Texas Instruments (NYSE: TXN) is trading down 5% after the company reported relatively in-line Q3 results, but provided guidance below the Street estimates.
Texas Instruments reported Q3 EPS of $0.43, 1 cent lower than the analyst estimate of $0.44. Revenues for the quarter were $3.39 billion, versus the consensus of $3.4 billion.
Texas Instruments sees Q4 EPS of $0.30-$0.36, versus the consensus of $0.43 and revs of $2.83-$2.3.07 billion, versus the Street estimate of $3.34 billion.
Texas Instruments reported Q3 EPS of $0.43, 1 cent lower than the analyst estimate of $0.44. Revenues for the quarter were $3.39 billion, versus the consensus of $3.4 billion.
Texas Instruments sees Q4 EPS of $0.30-$0.36, versus the consensus of $0.43 and revs of $2.83-$2.3.07 billion, versus the Street estimate of $3.34 billion.
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