Texas Instruments is equal to the consensus; the action moves back

© Reuters. TEXAS INSTRUMENTS is EQUAL to THE CONSENSUS; The ACTION moves back

(Reuters) – Texas Instruments has reported fourth-quarter profit sharply eroded, and which just matched the consensus, an announcement not well received by Wall Street as evidenced by a reduction of 5% of the share in after-Grant.

The foundry of texas, which designs, in particular chips for the automotive and the measures of sound and the temperature, has reported a profit down 67% to $ 344 million, or 34 cents per share, a result here, as elsewhere, a charge attributable to the new tax regime, as desired by the president, Donald Trump.

A year earlier, profit was $ 1.05 billion, or $ 1.02 per share.

Excluding this charge, Texas Instruments reported earnings per share (EPS) of 1.09 dollar, consistent with the consensus Thomson Reuters I/B/E/S.

The turnover has increased 9.8% to $ 3.75 billion dollars, exceeding slightly the consensus that gave it to 3.74 billion.

The board of the division chip analog, the main specialist of semiconductors, has increased by 11%, while the wholly integrated process has seen hers grow by 20%.

Texas Instruments projected for the first quarter ongoing EPS of 1.01 to 1.17 to the dollar and a C. A. from 3.49 to 3.79 billion dollars.

(Munsif Vengattil, Wilfrid Exbrayat for the French service)