Texas Instruments Incorporated (TXN - Get Report) is expected to report earnings of $1.24 a share on sales of $3.7 billion after the market closes on Jan. 23, based on a FactSet survey of 27 analysts.

In the same period a year ago the company posted earnings of $1.09 a share on sales of $3.8 billion.

The stock has mostly recovered from a sharp plunge at the time of its last earnings report on Oct. 23. 

Disappointing guidance at the time sent shares down about 8%.

Current estimates are in line with the company's projections in October.

Texas Instruments is currently trading at a price-to-forward-earnings ratio of 17.5 based on the 12-month estimates of 30 analysts surveyed by FactSet.

Among other chipmakers, Intel  (intc is expected to report earnings of $1.22 a share on sales of $19 billion on Thursday Jan. 24, based on a FactSet survey of 35 analysts. In the same period a year ago the company posted earnings of $1.08 a share on sales of $17.1 billion.

The stock has fallen 11% since the company last reported earnings on Oct. 25. Quarterly estimates have fallen less than 1 cent a share in the past month.

Intel is currently trading at a price-to-forward-earnings ratio of 10.6 based on the 12-month estimates of 37 analysts surveyed by FactSet.