We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
NXP (NXPI) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
In its upcoming report, NXP Semiconductors (NXPI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.11 per share, reflecting a decline of 9.9% compared to the same period last year. Revenues are forecasted to be $3.15 billion, representing a year-over-year decrease of 3%.
Over the last 30 days, there has been an upward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific NXP metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenue- Automotive' will likely reach $1.83 billion. The estimate indicates a year-over-year change of 0%.
According to the collective judgment of analysts, 'Revenue- Communications Infrastructure & Other' should come in at $331.47 million. The estimate indicates a change of -26.5% from the prior-year quarter.
Analysts predict that the 'Revenue- Industrial & IoT' will reach $580.81 million. The estimate suggests a change of +3.2% year over year.
Analysts forecast 'Revenue- Mobile' to reach $412.47 million. The estimate suggests a change of +1.3% year over year.
Shares of NXP have demonstrated returns of -1.5% over the past month compared to the Zacks S&P 500 composite's +1.1% change. With a Zacks Rank #2 (Buy), NXPI is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
NXP (NXPI) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
In its upcoming report, NXP Semiconductors (NXPI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.11 per share, reflecting a decline of 9.9% compared to the same period last year. Revenues are forecasted to be $3.15 billion, representing a year-over-year decrease of 3%.
Over the last 30 days, there has been an upward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific NXP metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenue- Automotive' will likely reach $1.83 billion. The estimate indicates a year-over-year change of 0%.
According to the collective judgment of analysts, 'Revenue- Communications Infrastructure & Other' should come in at $331.47 million. The estimate indicates a change of -26.5% from the prior-year quarter.
Analysts predict that the 'Revenue- Industrial & IoT' will reach $580.81 million. The estimate suggests a change of +3.2% year over year.
Analysts forecast 'Revenue- Mobile' to reach $412.47 million. The estimate suggests a change of +1.3% year over year.
View all Key Company Metrics for NXP here>>>Shares of NXP have demonstrated returns of -1.5% over the past month compared to the Zacks S&P 500 composite's +1.1% change. With a Zacks Rank #2 (Buy), NXPI is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .