Texas Instruments EPS Miss Leads to After-Hours Drop

5 days ago

Reporter

"Another miss when it comes to third quarter EPS missing estimates coming in at a $148 in the third quarter. The consensus had been for $149. When it comes to fourth quarter revenue, the guide is for $4.22 billion to $4.58 billion, with the average coming in at the low end below the estimate. You can see Texas Instruments shares down about 4% in the after hours trade."

The commentary outlines that Texas Instruments reported an EPS miss, with third quarter EPS at $148 against a consensus of $149, and fourth quarter revenue guidance pointing to the lower end of estimates. This led to a roughly 4% decline in after-hours trading, reflecting investor disappointment with near-term earnings performance.

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