Texas Instruments Earnings Preview: Can This Streak Continue?

Texas Instruments (NYSE:TXN) will report earnings after markets close on Monday, July 22nd. Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world.

Here is your Cheat Sheet to Texas Instruments Earnings:

Earnings Expectations: Analysts expect earnings of $0.41 per share on revenues of $3.06 billion. Currently, the company’s P/E ratio stands at 23.40.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.47 to a profit $0.51. For the current year, the average estimate is a profit of $1.71, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Texas Instruments has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 12,501 10,427 13,966 13,735 12,825
Diluted EPS ($) 1.45 1.15 2.62 1.88 1.51

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 3,335.00 3,390.00 2,979.00 2,885.00
Diluted EPS ($) 0.39 0.67 0.23 0.32

Past Performance:
Texas Instruments has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)