Analog chip manufacturer Texas Instruments (NASDAQ:TXN) will be reporting results tomorrow after the bell. Here’s what you need to know.

Texas Instruments beat analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $4.15 billion, down 8.4% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates and a solid beat of analysts’ EPS estimates.

Is Texas Instruments a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Texas Instruments’s revenue to decline 5% year on year to $3.87 billion, improving from the 12.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.23 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Texas Instruments has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Texas Instruments’s peers in the semiconductors segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Seagate Technology delivered year-on-year revenue growth of 49.5%, meeting analysts’ expectations, and Micron reported revenues up 84.3%, in line with consensus estimates. Micron traded down 16% following the results.

Read our full analysis of Seagate Technology’s results here and Micron’s results here.

There has been positive sentiment among investors in the semiconductors segment, with share prices up 6.1% on average over the last month. Texas Instruments is up 1.4% during the same time and is heading into earnings with an average analyst price target of $208.31 (compared to the current share price of $197).

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