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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%4:00 PM EST
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To: Return to Sender who wrote (93194)10/22/2024 7:49:08 PM
From: Return to Sender1 Recommendation

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Texas Instruments beats by $0.06, reports revs in-line; guides Q4 EPS below consensus, revs below consensus

4:04 PM ET 10/22/24 | Briefing.com

Reports Q3 (Sep) earnings of $1.44 per share, $0.06 better than the FactSet Consensus of $1.38; revenues fell 8.4% year/year to $4.15 bln vs the $4.12 bln FactSet Consensus.Earnings per share included a 3-cent benefit (which was backed out) for items that were not in the company's original guidance.Industrial continued to decline sequentially, while all other end markets grew.Co issues downside guidance for Q4, sees EPS of $1.07-1.29 vs. $1.34 FactSet Consensus; sees Q4 revs of $3.70-4.00 vs. $4.06 bln FactSet Consensus.
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