Texas Devices (TXN) closed the newest buying and selling day at $121.37, shifting -0.52% from the e
Texas Devices (TXN) closed the newest buying and selling day at $121.37, shifting -0.52% from the earlier buying and selling session. This transformation lagged the S&P 500’s 0.11% loss on the day. In the meantime, the Dow misplaced 0.1%, and the Nasdaq, a tech-heavy index, misplaced 0.07%.
Coming into right now, shares of the chipmaker had gained 3.32% up to now month. In that very same time, the Pc and Expertise sector gained 1.17%, whereas the S&P 500 gained 1.62%.
Buyers shall be hoping for energy from TXN because it approaches its subsequent earnings launch. In that report, analysts count on TXN to put up earnings of $1.02 per share. This may mark a year-over-year decline of 19.69%. In the meantime, our newest consensus estimate is looking for income of $3.22 billion, down 13.28% from the prior-year quarter.
TXN’s full-year Zacks Consensus Estimates are calling for earnings of $5.14 per share and income of $14.26 billion. These outcomes would signify year-over-year adjustments of -8.05% and -9.68%, respectively.
Buyers…