Texas Instruments reported third-quarter earnings surpassing the Zacks Consensus Estimate. Revenue beat expectations but was down from a year ago. This marks the fourth consecutive quarter Texas Instruments has exceeded earnings expectations. Shares have risen over 14% year-to-date, but the company currently holds a sell rating, indicating potential underperformance.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Texas Instruments reported third quarter earnings surpassing the Zacks' consensus estimate.
00:07Revenue beat expectations but was down from a year ago.
00:10This marks the fourth consecutive quarter that Texas Instruments has exceeded earnings
00:14expectations.
00:16Shares have risen over 14% year-to-date, but the company currently holds a sell rating
00:20indicating potential underperformance.
00:23For all things money, visit Benzinga.com slash GSTV.