Shares of NXP Semiconductors fell around 9% in premarket trading on Tuesday, dragging other automobile-chip makers as its disappointing quarterly revenue forecast sparked concerns of a delay in demand recovery.
Although the revenue and EPS for NXP (NXPI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NXP Semiconductors (NXPI) came out with quarterly earnings of $3.20 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.43 per share a year ago.
In the latest trading session, NXP Semiconductors (NXPI) closed at $271.40, marking a +0.05% move from the previous day.
The latest trading day saw NXP Semiconductors (NXPI) settling at $276.85, representing a +1.82% change from its previous close.
NXP Semiconductors (NXPI) strengthens EV portfolio with ZF Friedrichshafen partnership, boosting its presence in the automotive end-market.
NXP Semiconductors N.V. (NASDAQ:NXPI ) TD Cowen 52nd Annual Technology, Media & Telecom Conference May 29, 2024 9:40 AM ET Company Participants Jeff Palmer - Head of IR Conference Call Participants Joshua Buchalter - TD Cowen Joshua Buchalter All right.
NXP (NXPI) reported earnings 30 days ago. What's next for the stock?
In the latest trading session, NXP Semiconductors (NXPI) closed at $279.63, marking a +0.89% move from the previous day.
Recently, Zacks.com users have been paying close attention to NXP (NXPI). This makes it worthwhile to examine what the stock has in store.