Texas Instruments Earnings, Revenue beat in Q4 By Investing.com

Texas Instruments (NASDAQ:TXN) reported on Tuesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Texas Instruments announced earnings per share of $1.64 on revenue of $4.08B. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $3.6B.

Texas Instruments shares are up 4% from the beginning of the year and are trading at $171.53 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.72% from the start of the year.

Texas Instruments follows other major Technology sector earnings this month

Texas Instruments’s report follows an earnings beat by Taiwan Semiconductor on January 14, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.

Intel had beat expectations on Thursday with fourth quarter EPS of $1.52 on revenue of $19.98B, compared to forecast for EPS of $1.11 on revenue of $17.53B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar