Bulletin
Investor Alert

Market Pulse Archives

Jan. 26, 2021, 4:42 p.m. EST

Texas Instruments quarterly results, outlook top Wall Street expectations

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Texas Instruments Inc. (TXN)

or Cancel Already have a watchlist? Log In

By Wallace Witkowski

TXN

Texas Instruments Inc.’s /zigman2/quotes/202237907/composite TXN +1.02% quarterly results and outlook both topped Wall Street estimates in the extended session Tuesday, but the chip maker’s stock slipped after hours. Texas Instruments shares were down 1% after hours, following a 0.8% decline in the regular session to close at $171.47. The company reported fourth-quarter net income of $1.69 billion, or $1.80 a share, compared with $1.07 billion, or $1.12 a share, in the year-ago period. Revenue rose to $4.08 billion from $3.35 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast $1.34 a share on revenue of $3.61 billion. Texas Instruments forecast earnings of $1.44 to $1.66 a share on revenue of $3.79 billion to $4.11 billion for the first quarter. Analysts had estimated $1.34 a share on revenue of $3.59 billion.

/zigman2/quotes/202237907/composite
US : U.S.: Nasdaq
$ 172.27
+1.74 +1.02%
Volume: 6.06M
Feb. 26, 2021 4:00p
P/E Ratio
28.85
Dividend Yield
2.37%
Market Cap
$158.53 billion
Rev. per Employee
$482,033
loading...

Get news alerts on Texas Instruments Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.