Texas Instruments (TXN) Q4 Earnings and Revenues Top Estimates

Group 1: Earnings Performance - Texas Instruments reported quarterly earnings of $1.30 per share, exceeding the Zacks Consensus Estimate of $1.19 per share, but down from $1.49 per share a year ago, representing an earnings surprise of 9.24% [1] - The company posted revenues of $4.01 billion for the quarter, surpassing the Zacks Consensus Estimate by 3.87%, although this is a decrease from year-ago revenues of $4.08 billion [2] - Over the last four quarters, Texas Instruments has consistently surpassed consensus EPS estimates and revenue estimates [2] Group 2: Stock Performance and Outlook - Texas Instruments shares have increased by approximately 5.1% since the beginning of the year, outperforming the S&P 500's gain of 3.5% [3] - The future stock price movement will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $1.16 on revenues of $3.86 billion, and for the current fiscal year, it is $5.70 on revenues of $17.07 billion [7] Group 3: Industry Context - The Semiconductor - General industry, to which Texas Instruments belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Texas Instruments' stock performance [5]