Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Texas Instruments Q1 Earnings Preview (82.02 +0.94)<p>Texas Instruments (TXN) is scheduled to report Q1 earnings after the market closes today. The company reported Q4 earnings at 4:30 p.m. ET last period <em>(a conference call will follow at 5:30 p.m. ET)</em></p><ul><li><strong>As it stands, the Capital IQ Consensus Estimate calls for Q1 GAAP EPS of $0.83 vs guidance of $0.78-0.88 on revs of $3.31 bln vs guidance of $3.17-3.43 bln</strong></li><li><strong>TXN usually gives top and bottom line guidance for the coming period in the press release; for Q2, the Cap IQ Estimate is calling for EPS of $0.90 on revs of $3.50 bln</strong></li></ul><p><strong>Industrial, Automotive and Personal Electronics Markets</strong>; Namely Industrial and Automotive, at least for the past several years, have been the focus at TI. The markets in these areas are expanding more than in Personal Electronics as in 2016 Industrial and Automotive combined made up 51% of TI's revenues, whereas those combined businesses were about 44% of revenues in 2014.</p><p><strong>Analog, Embedded Processing, and Other</strong>; Strength continued in Analog and Embedded last quarter, with «Other» revenues slipping 9% after posting gains of 7% in Q3. As a reminder, TI's «Other» segment manufactures and sells mainly DLP products, calculators and custom ASIC products and royalties. The company noted that the Q4 revenue slip was mainly due to declining royalties and custom ASIC products with stagnation in DLP and calculators.</p><p><strong>Close peer Maxim Integrated (MXIM) reported a Q3 earnings beat and in-line revenues on April 20</strong>, also issuing favorable Q4 EPS guidance. The shares gapped lower the following day but finished near the high end of their intraday range. Since then, MXIM is relatively unchanged in comparison to action before the results. <strong>Also, peer Broadcom (AVGO) recently reported its Q1 results (Mar 1) to the enjoyment of investors.</strong> AVGO beat on the top and bottom line and gave upside Q2 revenue guidance. Much like MXIM, though, the stock sits little changed more than a month removed from the report.</p><p><strong>Technically</strong>, TXN has been a solid performer among the Semiconductor group's relative strength the last couple of months. Since November, price has been steadily climbing along its rising 50-day moving average for as much as a +21% gain between $66 and $82. In response to earnings, Buyers simply have to maintain the current trend above the April lows/50-day ma near the 77/79 area. The burden lies on Sellers to break the current uptrend with an aggressive distribution below that. Even if that's the case, Sellers will have to confront the rising 200-day moving averages 10% lower along the $73 vicinity.</p><p><strong>Based on TXN options</strong>, the current implied volatility stands at ~ 21%, which is 48% higher than historical volatility (over the past 30 days). Based on the weekly TXN Apr28 $82 straddle, the options market is currently pricing in a move of ~3% in either direction by weekly expiration (Friday). </p></td> </tr></table>"