iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

SHOCKER: Texas Instruments Lowers Guidance

They’ve been lowering guidance for about a decade.

Texas Instruments issues 3Q mid quarter update; narrows EPS (more so to the downside) and lowers revenue guidance  (25.80 -0.09)
Co sees Q3 EPS of $0.56-$0.60 vs. $0.55-0.65 previously and the $0.60 Capital IQ Consensus; with rev of $3.23-3.37 bln vs. $3.4-3.7 bln previously and the $3.54 bln consensus.
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One comment

  1. TraderCaddy

    Conference call @5:00.
    After initial hit in AH stock has rebounded.
    I guess they figure it could have been worse.

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