Why NXP Semiconductors Stock Is Volatile After-Hours
Portfolio Pulse from Ryan Gustafson
NXP Semiconductors N.V. (NASDAQ:NXPI) reported Q3 earnings of $3.70 per share, beating the analyst consensus estimate of $3.59. The company also reported quarterly sales of $3.43 billion, surpassing the analyst consensus estimate of $3.40 billion. However, both figures represent a decrease from the same period last year. The company issued Q4 earnings guidance of between $3.44 and $3.86 per share, with total revenue anticipated to be between $3.3 billion and $3.5 billion.

November 06, 2023 | 10:02 pm
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NXP Semiconductors beat Q3 earnings and sales estimates, but reported a YoY decrease. The company issued Q4 guidance, which may impact the stock's performance.
NXP Semiconductors beat Q3 earnings and sales estimates, which is generally positive for the stock. However, the YoY decrease in both earnings and sales, along with the Q4 guidance, may cause some uncertainty among investors, leading to a neutral short-term impact on the stock.
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