TI reports first quarter 2024 financial results and shareholder returns
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April 24, 2024 5:12 AM EDT
Evercore ISI analyst Mark Lipacis raised the price target on Texas Instruments (NASDAQ: TXN) to $225.00 (from $213.00) while maintaining a Underperform rating.
The analyst comments "TXN underperformed the SPX by 28% over the past 15 months, but five momentum indicators signal that it is time to... More
April 23, 2024 4:13 PM EDT
(Updated - April 24, 2024 3:52 AM EDT)
Shares of Texas Instruments (NASDAQ: TXN) surged over 7% in after-hours trading Tuesday after the semiconductor company posted better-than-expected earnings and revenue for the fiscal Q1 2024.
The chipmaker reported earnings per share (EPS) of $1.20, topping the consensus estimates of $1.07. Revenue for the quarter also... More
April 23, 2024 4:04 PM EDT
Texas Instruments (NASDAQ: TXN) reported Q1 EPS of $1.20, $0.13 better than the analyst estimate of $1.07. Revenue for the quarter came in at $3.66 billion versus the consensus estimate of $3.61 billion.
GUIDANCE:
Texas Instruments sees Q2 2024 EPS of $1.05-$1.25, versus the consensus of $1.16.... More
