Texas Instruments (TXN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Texas Instruments (TXN) reported $3.66 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 16.4%. EPS of $1.20 for the same period compares to $1.85 a year ago.The reported revenue represents a surprise of +1.52% over the Zacks Consensus Estimate of $3.61 billion. With the consensus EPS estimate being $1.06, the EPS surprise was +13.21%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...