Texas Instruments Incorporated (NASDAQ:TXN) is set to announce second quarter earning results on Tuesday 21st July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TXN to report 2Q20 income of $ 0.87 per share.
For the full year, analysts anticipate top line of $ 12500.20 million, while looking forward to income of $ 4.11 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 2,610.00 million ~ $ 3,190.00 million
Click Here For More Historical Outlooks Of Texas Instruments Incorporated
Previous Quarter Performance
Texas Instruments Incorporated recorded income for the first quarter of $ 1.14 per share, from the revenue of . The quarterly earnings extended 3.07 percent while revenues compared with the same quarter last year.
According to street consensus, income of $ 1.00 was expected per share The bottom line results beat street analysts by $ 0.14 or 14.00 percent, at the same time, top line results analysts by $ 1.47 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TXN was $ 136.58, representing a 46.72 % increase from the 52 week low of $ 93.09 and a 0.31 % decrease over the 52 week high of $ 137.00.
The company has a market capital of $ 125.35 billion and is part of the Technology sector and Semiconductors industry.
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Recent Analyst recommendations
On 9th July 2020, downgraded by Exane BNP Paribas to Underperform from Neutral rating.
On 16th June 2020, maintained by Morgan Stanley at Underweight rating, with $ 108.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.90 per share on April 23, 2020. The dividend were payable on May 18, 2020 to holders of record as of the close of business on May 4, 2020 and ex-dividend date on May 1, 2020.
Conference Call
Texas Instruments Incorporated will be hosting a conference call at 4:30 PM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ti.com
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.
