Investing

Texas Instruments Delivers (TXN)

Texas Instruments Inc. (NYSE: TXN) has posted earnings of $0.54 EPS and revenues of $3.56 Billion.  TI gave guidance at the start of December with revenues between $3.5 to $3.66 Billion and an EPS range of $0.50 to $0.54. First call had analysts pegged at $0.52 EPS on $3.58 Billion in revenues. 

The company has guided next quarter to $0.43 to $0.49 EPS on revenues of $3.27 to $3.55 Billion.  Next quarter estimates are $0.45 EPS on $3.41 Billion in revenues.

  • TI also used $1.88 billion to repurchase roughly 57 million shares of its common stock as part of its ongoing share buyback plan.

Texas Instruments closed down 1.6% at $28.98 after shares were down 2% at $28.87 late morning for our earnings preview.  The 52-week trading range is actually $28.25 to $39.63.  Shares did actually put in a brief 52-week low today of $28.00 right after the open, so that 52-week trading range will change after today.  In after-hours trading, shares are up 3% from the close to $29.85.

Jon C. Ogg
January 22, 2008

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.