NXP Semiconductors Sees Q4 Non-GAAP EPS $3.44-$3.86 vs $3.61 Est., Total Revenue $3.3B-$3.5B vs $3.43B Est.
Portfolio Pulse from Benzinga Newsdesk
NXP Semiconductors has projected its Q4 Non-GAAP EPS to be between $3.44 and $3.86, compared to the estimated $3.61. The company also expects its total revenue to be between $3.3B and $3.5B, against the estimated $3.43B.
November 06, 2023 | 9:14 pm
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POSITIVE IMPACT
NXP Semiconductors' Q4 Non-GAAP EPS and total revenue forecasts are both higher than the estimates. This could potentially lead to a positive market reaction.
NXP Semiconductors' Q4 Non-GAAP EPS and total revenue forecasts are both higher than the estimates. This indicates that the company is performing better than expected, which could lead to a positive market reaction. However, the actual impact will depend on the market's perception of the company's future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100