The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Texas Instruments' revenues will wane -3.3% and EPS will drop -34.4%.
The average estimate for revenue is $3.34 billion. On the bottom line, the average EPS estimate is $0.40.
Last quarter, Texas Instruments recorded revenue of $3.12 billion. GAAP reported sales were 8.0% lower than the prior-year quarter's $3.39 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.33. GAAP EPS of $0.22 for Q1 were 60% lower than the prior-year quarter's $0.55 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 47.6%, 420 basis points worse than the prior-year quarter. Operating margin was 16.5%, 1,120 basis points worse than the prior-year quarter. Net margin was 8.5%, 1,110 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $13.57 billion. The average EPS estimate is $1.72.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,540 members rating the stock outperform, and 119 members rating it underperform. Among 349 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 326 give Texas Instruments a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Texas Instruments is outperform, with an average price target of $35.39.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.