Home  »  Stock Coverage   »  Texas Instruments (TXN) Tanked Despite Beating Res...

Texas Instruments (TXN) Tanked Despite Beating Results, while Starbucks (SBUX) Plodded Since Disappointing Forecast

Texas Instruments Incorporated (TXN) declined by -4.98% to $162.93. The US mobile telephony semiconductor giant provided good performance and a positive outlook on Wednesday. In the current period, TXN estimates sales to range from $3.79 billion to $4.11 billion, with an EPS between $1.44 and $1.66, considering the market rebound. The consensus was EPS of $1.33 with revenue of $3.58 billion. Net revenue was $1.69 billion for the fourth quarter, or $1.80 per share, compared to $1.07 billion a year ago. Quarterly revenues for the Dallas community amounted to $4.08 billion. Consensus income was $3.58 billion and earnings per share were $1.34.

Starbucks Corporation (SBUX) decreased by -6.51% to $97.87. The quarterly earnings of Starbucks were higher than expected, but the earnings forecast was seen as disappointing. The US coffee chain posted earnings per share of 61 cents in the fiscal first quarter ended December 2020, compared to a consensus of 55 cents. With the effects of the health crisis, the EPS decreased 23 percent year-on-year, impacting revenue and margins. Revenues dropped 5% to $6.75 billion, contrary to expectations ($6.9 billion), and were marginally low. On a like-for-like basis, operation decreased by 5 percent compared to -4.2 percent consensuses.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


This quarter, Starbucks expects an EPS of between 45 and 50 cents for the second quarter, compared to a consensus of 59 cents. The EPS is forecast to be between $2.70 and $2.90 in fiscal 2021, relative to the industry estimate of $2.8. It is estimated that sales for the year will range between $28 billion and $29 billion. US like-for-like growth is projected to rebound to positive growth of 5% to 10% beginning in the second quarter. It can also be remembered that the firm is due to the resignation of Roz Brewer, the Chief Operating Officer, who is leaving to become Walgreens Boots Alliance’s CEO.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Receive Best Stock To Trade Before The Opening Bell



100% Free. Stop Anytime. No Spam




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.