NXP Semiconductors Expects Q1 Total Revenue Of $3.025B-$3.225B (Est $3.164B), Adj. EPS Of $2.97-$3.38 (Est. $3.15)
Portfolio Pulse from Benzinga Newsdesk
NXP Semiconductors projects its Q1 total revenue to be between $3.025B and $3.225B, with an estimated consensus of $3.164B. The company also forecasts its adjusted EPS to range from $2.97 to $3.38, against an estimated $3.15.
February 05, 2024 | 9:15 pm
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NXP Semiconductors expects its Q1 revenue to be in the range of $3.025B-$3.225B, slightly above or below the consensus estimate of $3.164B. Adjusted EPS is projected to be between $2.97 and $3.38, which brackets the estimated $3.15.
The projected revenue and EPS for NXP Semiconductors are in line with market expectations, indicating a neutral short-term impact on the stock price. The slight variance in projections around the consensus estimates suggests that while there may be some investor optimism or concern based on the exact outcomes, the overall market sentiment is likely to remain stable unless there are significant deviations from these projections.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100