Texas Instruments Beats Earnings Estimate For 4th Consecutive Quarter

2024-10-23 43

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.