S&P 500 rides Apple-led tech rally higher
Investing.com - Texas Instruments reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Texas Instruments announced earnings per share of $1.45 on revenue of $3.82B. Analysts polled by Investing.com EPS of $1.27 on revenue of $3.43B.
Texas Instruments 's are up 17% and is trading at $154.50 , still down 3.28% from its 52 week high of $155.83 set on Tuesday, October 13, 2020.
Texas Instruments shares gained 2.51% to trade at $154.50 in after-hours trade the report.
Texas Instruments follows other major Technology sector earnings this month
Texas Instruments's report follows an earnings matched by Taiwan Semiconductor on Wednesday, October 14, 2020, who reported EPS of $0.92 on revenue of $12.4B, EPS of $0.92 on revenue of $12.4B.
Accenture had missed expectations on Thursday, September 24, 2020 with fourth quarter EPS of $1.7 on revenue of $10.84B, for EPS of $1.73 on revenue of $10.93B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar