Texas Instruments Reports Strong Q3 Earnings but Warns of Weak Q4 Outlook

Despite beating third-quarter expectations, Texas Instruments anticipates a challenging fourth quarter due to sluggish demand in industrial markets.

Texas Instruments exceeded third-quarter earnings expectations with $1.47 per share, surpassing the analyst estimate of $1.37.
The company's revenue for the third quarter was $4.151 billion, slightly above the consensus estimate of $4.12 billion.
Despite strong Q3 results, Texas Instruments forecasts fourth-quarter revenue between $3.7 billion and $4 billion, below the $4.07 billion analyst estimate.
Weak demand in the industrial and automotive chip markets is contributing to the cautious Q4 outlook, although there is improving demand from China's automotive sector.
Texas Instruments' stock experienced fluctuations following the earnings report, reflecting investor reactions to both the positive Q3 results and the subdued Q4 forecast.