NXP Semiconductors expected to report a 9.4% decline in revenue this quarter

From Stock Story: 2025-02-02 08:04:11

NXP Semiconductors is set to report earnings after market close. Last quarter, the company met revenue expectations with $3.25 billion, down 5.4% year on year. Analysts expect a 9.4% decline in revenue this quarter to $3.1 billion. Adjusted earnings are forecasted at $3.13 per share. NXP Semiconductors has generally met revenue estimates, exceeding expectations by 1.2% on average. Peers like Texas Instruments and Teradyne have reported mixed results, impacting the semiconductor sector. Inflation nearing the Fed’s 2% goal has led to market performance, with semiconductors down 3.2% on average in the last month. NXP Semiconductors is down 2.3% with an average analyst price target of $262.41.



Read more at Stock Story: NXP Semiconductors (NXPI) Q4 Earnings: What To Expect