- Texas Instruments (NASDAQ:TXN) will likely meet its Q3 outlook but it's "too early" to say if business trends have gotten worse this quarter, says Citi analyst Christopher Danely.
- The note follows TXN CFO Rafael Lizardi's presentation at the Citi’s Global Technology Conference, where he said the trade war hit the industrial business the hardest, though TXN still sees margins increasing in the long-term.
- Texas Instruments is expected to report Q3 earnings on October 21. Consensus estimates have $3.82B with $1.45 EPS.
TXN should meet Q3 estimates - Citi
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Symbol | Last Price | % Chg |
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TXN | - | - |
Texas Instruments Incorporated |