NXP Semiconductors Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
NXP Semiconductors (NASDAQ:NXPI) is set to release its Q2 financial results on July 22. Analysts expect earnings of $3.21 per share and revenue of $3.13 billion. The company recently approved an interim dividend of $1.014 per share. Analyst ratings have been mixed, with price targets ranging from $220 to $350.
July 22, 2024 | 3:21 pm
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NXP Semiconductors is expected to report Q2 earnings of $3.21 per share and revenue of $3.13 billion. The company recently approved an interim dividend of $1.014 per share. Analyst ratings are mixed, with price targets ranging from $220 to $350.
The upcoming earnings report and recent analyst ratings provide mixed signals for NXPI. While the earnings and revenue expectations are lower than the previous year, the range of price targets from analysts indicates uncertainty. The interim dividend approval is a positive sign but may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100