Filed under: Earnings reports, Johnson and Johnson (JNJ), Texas Instruments (TXN)

Another earnings season crunch rolls along, and among companies reporting next week are Texas Instruments Inc. (NYSE: TXN) and Johnson & Johnson (NYSE: JNJ). Here is a quick peek at each of them.

Texas Instruments has met or beat earnings expectations every quarter since the first of 2004. When it reported third-quarter results back in October, its 52 cents per share earnings beat the consensus estimate of analysts surveyed by Thomson Financial by two cents, as well as the actual 45 cents per share in the same period of 2006. For the current quarter, analysts expect earnings of 52 cents per share again, or $1.80 for the full year, up from $1.69 in 2006.

The company’s 49 percent earnings per share growth forecast for the next three to five years is better than the industry average and the S&P 500. The analysts’ consensus recommendation is to buy Texas Instruments, though 12 of the 32 analysts rate it a hold. The share price fell to a 52-week low of $28.24 on Friday, from a five-year high of $39.63 last July.

For news that could influence the earnings results, check out BloggingStocks’ Texas Instruments coverage.

Continue reading Earnings previews: Texas Instruments, Johnson & Johnson

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This entry was posted on Monday, January 21st, 2008 at 4:59 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.