Texas Instruments (TXN) Lags Q4 Earnings and Revenue Estimates

Texas Instruments (TXN) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.97%. A quarter ago, it was expected that this chipmaker would post earnings of $1.47 per share when it actually produced earnings of $1.48, delivering a surprise of +0.68%.Over the last four quarters, the company ...