NXPI Sees Q3 Revenue $3.15B to $3.35B vs $3.35B Est., Sees Q3 Adj. EPS $3.21 to $3.63 vs $3.56 Est.
Portfolio Pulse from Benzinga Newsdesk
NXP Semiconductors (NXPI) has provided its Q3 revenue guidance in the range of $3.15 billion to $3.35 billion, which is below the estimated $3.35 billion. The company also expects its Q3 adjusted EPS to be between $3.21 and $3.63, compared to the estimated $3.56.
July 22, 2024 | 8:15 pm
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NXP Semiconductors (NXPI) has provided Q3 revenue guidance of $3.15B to $3.35B, which is below the estimated $3.35B. The company also expects Q3 adjusted EPS to be between $3.21 and $3.63, compared to the estimated $3.56.
The revenue guidance provided by NXPI is below the market estimate, which could lead to a negative short-term impact on the stock price. Additionally, the adjusted EPS range, while partially above the estimate, introduces uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100