Selling off a bit after hours but not by much as usual, you would think a miss on the EPS and a weak view of the next quarter would push the stock down at least 5%, but it seems to be holding up quite well of course.
* April 18, 2011, 4:32 PM ET
TI Q1 EPS Misses; Q2 EPS View Weak
By Tiernan Ray
Texas Instruments (TXN) this afternoon reported Q1 revenue in line with its mid-quarter update but missed analystsâ EPS estimate.
Revenue for the quarter ended in March was $3.39 billion, yielding EPS of 55 cents.
The Street had been looking for $3.4 billion in revenue and 58 cents EPS.
TIâs March 9th update had offered a range of $3.34 billion to $3.48 billion in revenue, and 56 cents to 60 cents in EPS, though that update came just days before the impact of the earthquake in Japan.
For the current quarter, the company expects revenue of $3.41 billion to $3.69 billion, and EPS of 52 cents to 60 cents. Analysts have been modeling $3.5 billion in revenue and 62 cents EPS.
The report follows TIâs announcement on April 4th that it will acquire National Semiconductor (NSM) for $6.5 billion.
TI shares are down 26 cents, or 1%, at $34.53
* April 18, 2011, 4:32 PM ET
TI Q1 EPS Misses; Q2 EPS View Weak
By Tiernan Ray
Texas Instruments (TXN) this afternoon reported Q1 revenue in line with its mid-quarter update but missed analystsâ EPS estimate.
Revenue for the quarter ended in March was $3.39 billion, yielding EPS of 55 cents.
The Street had been looking for $3.4 billion in revenue and 58 cents EPS.
TIâs March 9th update had offered a range of $3.34 billion to $3.48 billion in revenue, and 56 cents to 60 cents in EPS, though that update came just days before the impact of the earthquake in Japan.
For the current quarter, the company expects revenue of $3.41 billion to $3.69 billion, and EPS of 52 cents to 60 cents. Analysts have been modeling $3.5 billion in revenue and 62 cents EPS.
The report follows TIâs announcement on April 4th that it will acquire National Semiconductor (NSM) for $6.5 billion.
TI shares are down 26 cents, or 1%, at $34.53
