NXP Semiconductors Expects Q3 Total Revenue Of $3.3B-$3.5B (Consensus $3.31B), Adj EPS Of $3.39-$3.82 (Consensus $3.43)
Portfolio Pulse from Benzinga Newsdesk
NXP Semiconductors has projected its Q3 total revenue to be between $3.3B and $3.5B, with an adjusted EPS of $3.39-$3.82. The consensus estimates were $3.31B for revenue and $3.43 for EPS.
July 24, 2023 | 8:16 pm
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POSITIVE IMPACT
NXP Semiconductors' Q3 revenue and EPS projections are higher than consensus estimates, which could positively impact its stock price.
NXP Semiconductors' Q3 revenue and EPS projections are higher than the consensus estimates. This indicates that the company is performing better than expected, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100