Texas Instruments (TXN) reported quarterly earnings of $1.48 per share, beating expectations by 1 cent. The company’s revenue for the quarter was $4.74 billion, surpassing estimates by 2.06%. Texas Instruments has outperformed earnings expectations four times in the last four quarters.

Despite a 4.2% loss in share value this year, Texas Instruments’ future stock performance hinges on management’s earnings call commentary. The company’s current Zacks Rank is #3 (Hold), with an EPS estimate of $1.40 for the next quarter and $5.59 for the fiscal year.

Intel (INTC), another chipmaker, is set to release its quarterly results on October 23. Analysts expect earnings of $0.00 per share, up 100% from last year. Revenue is forecasted to be $13.11 billion, a 1.3% decrease from the previous year. Investors should monitor industry trends for potential impact on stock performance.

Read more at Nasdaq: Texas Instruments (TXN) Beats Q3 Earnings and Revenue Estimates