NXP Semiconductors (NASDAQ: NXPI) will report earnings after market close. Last quarter, revenues were $3.17 billion, down 2.4% YoY. This quarter, analysts expect revenue to grow 6.5% YoY to $3.31 billion, with adjusted earnings at $3.31 per share. Peers in the segment have shown mixed results, with Texas Instruments up 10.4% and Western Digital up 25.2%. Semiconductors sector has seen a 12.1% increase in share prices. NXP Semiconductors is up 2.1% in the last month with an average price target of $264.83. Will NXP Semiconductors beat expectations? Read more here: https://stockstory.org/us/stocks/nasdaq/nxpi/news/earnings/nxp-semiconductors-nxpi-q4-earnings-report-preview-what-to-look-for.
Read more at Barchart: NXP Semiconductors (NXPI) Q4 Earnings Report Preview: What To Look For
