TI reports third quarter 2019 financial results and shareholder returns

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Texas Instruments' (TXN) Disappointing Q4 Guidance Roils Semiconductor Sector

October 22, 2019 4:49 PM EDT

(Updated - October 22, 2019 5:17 PM EDT)

Texas Instruments' (NASDAQ: TXN) miss on Q4 guidance caused havoc in semiconductor stocks post-market close Tuesday.

Stocks impacted included:

Intel (NASDAQ: INTC) -2%NVIDIA (NASDAQ:... More

Texas Instruments (TXN) Tops Q3 EPS by 7c, Q4 Guidance Misses

October 22, 2019 4:02 PM EDT

Texas Instruments (NASDAQ: TXN) reported Q3 EPS of $1.49, $0.07 better than the analyst estimate of $1.42. Revenue for the quarter came in at $3.77 billion versus the consensus estimate of $3.82 billion.

GUIDANCE:

Texas Instruments sees Q4 2019 EPS of $0.91-$1.09, versus the consensus of $1.28.... More