Texas Instruments (NASDAQ:TXN) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Texas Instruments beat estimated earnings by 7.8%, reporting an EPS of $2.35 versus an estimate of $2.18.
Revenue was up $616.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 2.51% increase in the share price the next day.
Here's a look at Texas Instruments's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.94 | 2.05 | 1.82 | 1.58 |
| EPS Actual | 2.27 | 2.07 | 2.05 | 1.87 |
| Revenue Estimate | 4.43B | 4.66B | 4.35B | 3.99B |
| Revenue Actual | 4.83B | 4.64B | 4.58B | 4.29B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Texas Instruments management provided guidance for Q2 2022, expecting earnings between $1.84 and $2.26 per share.
To track all earnings releases for Texas Instruments visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
