Can Analog Strength Aid Texas Instruments (TXN) Q4 Earnings?
Texas Instruments TXN or TI is scheduled to report fourth-quarter 2018 results on Jan 23, after market close. The company surpassed the Zacks Consensus Estimate in two of the trailing four quarters, with average positive surprise of 3.07%. We observe that shares of Texas Instruments have lost 16.2% over the past 12 months compared with its industry’s decline of 12.1%. According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP.