Texas Instruments Inc. Profit Advances 1% In Q4

(RTTNews) - Texas Instruments Inc. (TXN) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line came in at $836 million, or $0.80 per share. This was higher than $825 million, or $0.76 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.69 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.4% to $3.19 billion. This was down from $3.27 billion last year.

Texas Instruments Inc. earnings at a glance:

-Earnings (Q4): $836 Mln. vs. $825 Mln. last year. -Earnings Growth (Y-o-Y): 1.3% -EPS (Q4): $0.80 vs. $0.76 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $0.69 -Revenue (Q4): $3.19 Bln vs. $3.27 Bln last year. -Revenue Change (Y-o-Y): -2.4%

-Guidance: Next quarter EPS guidance: $0.57 - $0.67 Next quarter revenue guidance: $2.85 - $3.09 Bln