TXN earnings after the close!

Discussion in 'Stocks' started by S2007S, Oct 25, 2010.

  1. S2007S

    S2007S

    TXN earnings estimates are for:

    .69 eps

    $3.69Billion


    Last Quarer they did .62 on revenue of $3.5 Billion!


    Remember an astonishing 83% of companies have beaten earnings estimates so far this quarter, it seems the low balling of the earnings estimates by the analysts is helping earnings look great for this quarter so far.
     
  2. 11% estimated growth in earnings is "low balling" ???
    Wow. Most companies would love that.
     
  3. S2007S

    S2007S

    DALLAS, Oct. 25 /PRNewswire-FirstCall/ -- Texas Instruments Incorporated (TI) (NYSE:TXN - News) today announced third-quarter revenue of $3.74 billion, net income of $859 million and earnings per share of 71 cents.



    "As we move into the fourth quarter, we expect sequentially lower revenue reflecting a combination of seasonal patterns, continued soft demand in computing and consumer markets, and slowing growth in the industrial market," Templeton concluded.
     
  4. Stock pppssssssssssssssssss........
    Ask yourself this question: why anyone should buy this stock tomorrow other than maybe covering the short. It will be a dead money with no hope to go up but going down (correction)