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Dallas, Texas-based Texas Instruments Incorporated (TXN) designs, manufactures and sells semiconductors to electronics designers and manufacturers. Valued at a market cap of $175.3 billion, the company is an original equipment manufacturer of analog, mixed-signal, and digital signal processing (DSP) integrated circuits. It is expected to announce its fiscal Q4 earnings results after the market closes on Thursday, Jan. 23.
Prior to this event, analysts expect the semiconductor company to report a profit of $1.19 per share, down 20.1% from $1.49 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. Its earnings of $1.47 per share in the previous quarter outpaced the forecasted figure by a notable margin of 8.1%.
