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Texas Instruments Beats Earnings Estimate For 4th Consecutive Quarter

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Texas Instruments Beats Earnings Estimate For 4th Consecutive Quarter

B
Benzinga

49 Views • Oct 23, 2024

Description

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.