Benzinga | Oct 19, 2020 10:16AM EDT

Earnings Preview: Texas Instruments

On Tuesday, October 20, Texas Instruments (NASDAQ: TXN) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts covering Texas Instruments modeled for quarterly EPS of $1.27 on revenue of $3.43 billion. In the same quarter last year, Texas Instruments reported earnings per share of $1.4 on sales of $3.77 billion. The analyst consensus estimate would represent a 9.29% decline in the company's EPS figure. Sales would be down 9.04% on a year-over-year basis. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.86 1 1.01 1.42EPS Actual 1.48 1.24 1.12 1.49Revenue Estimate 2.91 B 3.17 B 3.21 B 3.82 BRevenue Actual 3.24 B 3.33 B 3.35 B 3.77 B

Stock Performance

Shares of Texas Instruments were trading at $153.12 as of October 16. Over the last 52-week period, shares are up 20.04%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Texas Instruments is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/7sag9h3e