S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Consumer Electronics

Texas Instruments Guidance Signals: Sales and Earnings Remain On Track (TXN, NOK)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Texas Instruments Incorporated (NASDAQ: TXN) is out with guidance in its second quarter business update.  While the results are said to be “narrowed” they are narrowed equally between the high-end and low-end of the ranges offered up after earnings back in April.  This should be considered a reaffirmed guidance rather than anything ominous if you have been tracking the woes of Europe and the woes of key customer Nokia Corporation (NYSE: NOK).

TI now expects its financial results to be within $3.28 billion to $3.42 billion in sales, versus a prior range of $3.22 billion to $3.48 billion.  Earnings are now being put in a range of $0.32 to $0.36 per share, versus a prior range of $0.30 to $0.38 per share.

We are actually seeing a positive reaction today in the after-hours that is helping the chip-maker to regain some of Monday’s losses.  Shares closed down 3% at $27.65 and the stock has regained close to half of those losses as the stock is trading up 1.45% at $28.05 in the after-hours session.

JON C. OGG

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

12 Earnings and News Movers Too Big to Ignore
Jon C. Ogg |

12 Earnings and News Movers Too Big to Ignore

24/7 Wall St. has compiled 12 of the top movers for Friday, including Chesapeake Energy, Intel and Twitter.

Jon C. Ogg |

7 Key After-Hours Movers on Tuesday

24/7 Wall St. has tracked seven key after-hours movers after the close of trading on Tuesday.

Jon C. Ogg |

After TI and Broadcom Guidance, Time to Get Picky in Chip Stocks

ThinkstockTexas Instruments Inc. (NASDAQ: TXN) may have just given the preliminary earnings report yelling “All clear in Chip Land!” in…

Jon C. Ogg |

Adobe Guidance, Another Pound of Flesh (ADBE, AAPL, MSFT)

Adobe Systems Incorporated (NASDAQ: ADBE) gave decent earnings today but its guidance is leaving something to be desired. Revenue was…

Compass Minerals Narrows Losses 65% as Revenue Climbs but Investors Stay Cautious
William Temple |

Compass Minerals Narrows Losses 65% as Revenue Climbs but Investors Stay Cautious

Yesterday we were watching whether Compass Minerals could stabilize its bottom line after a brutal fiscal 2024. The company delivered…

Thursday’s Major After-Hours Stock Movers on Earnings and News
Jon C. Ogg |

Thursday’s Major After-Hours Stock Movers on Earnings and News

With word that tariffs against Mexico may get delayed, and with weak economic numbers translating to more "now the Fed…

Douglas A. McIntyre |

Electronic Arts (ERTS): Down For The Count

Shares in companies including GameStop (NYSE:GME), Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), and Take-Two (NASDAQ:TTWO) will be affected by a disclosure from…

Paul Ausick |

VeriFone Lowers Q4 Guidance and Investors Head for the Exits

VeriFone Systems reported better-than-expected fiscal third-quarter 2015 results after markets closed Thursday.

Jon C. Ogg |

Rite Aid Earnings, Wrong Answer (RAD, WAG, CVS, WMT)

Rite Aid Corp. (NYSE: RAD) is getting clipped this morning after its quarterly earnings report.  As you have grown accustomed…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820