Texas Instruments (TXN) favorably narrows its Q1 guidance. The chipmaker now expects revenue of...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor

Texas Instruments (TXN) favorably narrows its Q1 guidance. The chipmaker now expects revenue of $2.8B-$2.91B and EPS of $0.28-$0.32 vs. a prior forecast of $2.69B-$2.91B and $0.24-$0.32; the consensus stands at $2.8B and $0.31. The news seems priced in following a big rally, TXN -0.3% AH. CC underway (webcast). (PR)