Texas Instruments Forecasts Miss Analysts’ Estimates

Texas Instruments Inc., the largest maker of analog chips, predicted second-quarter profit and sales that may fall short of analysts’ most bullish estimates as some consumer-electronics makers hold off on component purchases.

Profit in the current period will be 39 cents to 43 cents a share on revenue of $2.99 billion to $3.11 billion, the Dallas-based company said in a statement yesterday. On average, analysts had estimated a profit of 41 cents and sales of $3.06 billion, according to data compiled b Bloomberg. The company said in April profit would be 37 cents to 45 cents a share on revenue of $2.93 billion to $3.17 billion.