Texas Instruments (NASDAQ:TXN) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Texas Instruments beat their estimated earnings by 0.98%, which did not surprise analysts.
Revenue was up $826,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23, which was followed by a 5.32% drop in the share price the next day.
Here’s a look at Texas Instruments’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.82 | 1.58 | 1.34 | 1.27 |
| EPS Actual | 2.05 | 1.87 | 1.80 | 1.45 |
| Revenue Estimate | 4.35B | 3.99B | 3.60B | 3.43B |
| Revenue Actual | 4.58B | 4.29B | 4.08B | 3.82B |
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