Texas Instruments expected to report slightly beating Q2 earnings, facing market uncertainties.

From Nasdaq: 2024-07-21 11:06:27

Texas Instruments is expected to report Q2 revenues of $3.84 billion with earnings of $1.17 per share, slightly beating estimates. Sales declined in Q1 by 16% to $3.66 billion due to weaker demand for analog semiconductors and embedded products. Margins have also faced pressure, contracting 320 basis points to 66.1%.

TXN stock has gained 25% from $165 to $205 since early 2021, underperforming the S&P 500. The High Quality Portfolio outperformed the S&P each year over the same period. Texas Instruments faces uncertainties in the market, with activist investor Elliott pushing for better capital management and free cash flow targets.

In the past month, TXN saw a 6% return, with a 21% return year-to-date and a 183% return 2017-2024. Comparatively, the S&P 500 had a 4% return, 19% year-to-date, and 153% 2017-2024. The Trefis Reinforced Value Portfolio had returns of 4%, 11%, and 686% over the same periods.



Read more at Nasdaq: With Analog Market Seeing A Lull, What To Expect From Texas Instruments Q2 Earnings?