Plus   Neg

Texas Instruments Issues Q1 Outlook - Quick Facts

Texas Instruments Incorporated (TXN) said, for the first-quarter, the company projects: earnings per share between $0.96 and $1.14, which includes an estimated $20 million discrete tax benefit; and revenue in the range of $3.12 billion to $3.38 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.03 on revenue of $3.2 billion. Analysts' estimates typically exclude special items.

For the fourth-quarter, earnings per share was $1.12, a decline of 12% from previous year. The company's results for the quarter included a 1 cent benefit for items that were not in the company's original guidance. Revenue was $3.35 billion, down 10% from a year ago.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Brazos Electric Power Cooperative Inc., the largest power generation and transmission cooperative in Texas, filed for Chapter 11 bankruptcy protection citing a huge bill from the state's grid operator following major outages recently amid the winter storm. Brazos received a $1.8 billion bill from electricity grid operator Electric Reliability Council of Texas or ERCOT. El Abuelito Cheese is recalling certain types of cheese and cheese products for fear of potential contamination with Listeria Monocytogenes, a deadly bacteria, the U.S. Food & Drug Administration said in a statement. The recall involves Queso Fresco (Fresh, soft cheese), Quesillo (Oaxaca, string cheese), and Requeson (Ricotta) products. Technology company CAE Inc. (CAE.TO, CAE) agreed Monday to acquire the military training division of aerospace and defense technology firm L3Harris Technologies Inc. (LHX) for $1.05 billion, subject to customary adjustments. The acquisition will expand CAE's position as a platform-agnostic training...
Follow RTT