Texas Instruments (TXN) is scheduled to report third-quarter 2026 results on October 21, with the market-implied 79% probability of an earnings beat reflecting trader consensus anchored in the company’s recent performance and forward guidance. In Q2, TXN delivered revenue of $5.46 billion and EPS of $2.14, exceeding consensus by 4% and 11% respectively, driven by 23% year-over-year growth across industrial, automotive, and data-center segments. Management guided Q3 revenue to $5.65–6.15 billion and EPS to $2.23–2.57, with the midpoints above prevailing analyst estimates of roughly $5.67–5.91 billion and $2.36–2.39. The pattern of EPS beats in three of the prior four quarters, combined with easing capital expenditures and expanding 300 mm production, supports the current pricing of elevated beat odds ahead of the release.