Texas Instruments, Inc. Second Quarter Earnings on Deck

S&P 500 (NYSE:SPY) component Texas Instruments, Inc. (NYSE:TXN) will unveil its latest earnings on Monday, July 25, 2011. Texas Instruments, Inc. designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world.

Texas Instruments, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 53 cents per share, a decline of 14.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 57 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 53 cents during the last month. For the year, analysts are projecting profit of $2.39 per share, a decline of 4% from last year.

Past Earnings Performance: The company missed estimates last quarter after beating forecasts in the prior two. In the first quarter, the company reported net income of 57 cents per share versus a mean estimate of profit of 58 cents per share. In fourth quarter of the last fiscal year, the company beat estimates by one cent.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $3.44 billion in revenue this quarter, a decline of 1.7% from the year ago quarter. Analysts are forecasting total revenue of $14.1 billion for the year, a rise of 0.9% from last year’s revenue of $13.97 billion.

Analyst Ratings: Analysts are bullish on this stock with 22 analysts rating it as a buy, two rating it as a sell and 10 rating it as a hold.

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 1.2% while it rose 43.8% in the fourth quarter of the last fiscal year and 59.7% in the third quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 5.8% to $3.39 billion in first quarter. The figure rose 17.3% in the fourth quarter of the last fiscal year from the year earlier, climbed 29.9% in the third quarter of the last fiscal year from the year-ago quarter and 42.3% in the second quarter of the last fiscal year.

Competitors to Watch: National Semicond. Corp. (NYSE:NSM), Analog Devices, Inc. (NYSE:ADI), Intersil Corporation (NASDAQ:ISIL), Linear Technology Corp. (NASDAQ:LLTC), ON Semiconductor Corp. (NASDAQ:ONNN), Intel Corporation (NASDAQ:INTC), STMicroelectronics N.V. (NYSE:STM), Maxim Integrated Products Inc. (NASDAQ:MXIM), Broadcom Corporation (NASDAQ:BRCM), and Marvell Tech. Group Ltd. (NASDAQ:MRVL).

Stock Price Performance: During April 21, 2011 to July 22, 2011, the stock price had fallen $3.61 (-10%) from $35.39 to $31.78. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 17, 2011 when shares rose for seven-straight days, rising 3.9% (+$1.38) over that span. It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six-straight days, falling 8.2% (-$2.74) over that span. Shares are down 72 cents (-2.22%) year to date.

(Source: Xignite Financials)

Get Actionable Investing Insights: Check Out Wall St. Cheat Sheet’s newest Feature Trades of the Month!