Advertisement
UK markets closed

  • FTSE 100

    8,285.71
    +99.36 (+1.21%)
     

  • FTSE 250

    21,356.30
    +471.95 (+2.26%)
     

  • AIM

    779.67
    +6.64 (+0.86%)
     

  • GBP/EUR

    1.1844
    -0.0006 (-0.05%)
     

  • GBP/USD

    1.2873
    +0.0019 (+0.14%)
     

  • Bitcoin GBP

    52,976.03
    +665.33 (+1.27%)
     

  • CMC Crypto 200

    1,379.09
    +48.49 (+3.64%)
     

  • S&P 500

    5,459.10
    +59.88 (+1.11%)
     

  • DOW

    40,589.34
    +654.27 (+1.64%)
     

  • CRUDE OIL

    76.44
    -1.84 (-2.35%)
     

  • GOLD FUTURES

    2,385.70
    +32.20 (+1.37%)
     

  • NIKKEI 225

    37,667.41
    -202.10 (-0.53%)
     

  • HANG SENG

    17,021.31
    +16.34 (+0.10%)
     

  • DAX

    18,417.55
    +118.83 (+0.65%)
     

  • CAC 40

    7,517.68
    +90.66 (+1.22%)
     
PROPERTY:

8 champion homes in Olympic host cities

A selection of properties in former Games cities as Paris 2024 starts

NXP (NXPI) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Equity Research
·2-min read

NXP Semiconductors (NXPI) reported $3.12 billion in revenue for the quarter ended March 2023, representing a year-over-year decline of 0.5%. EPS of $3.19 for the same period compares to $3.45 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3 billion, representing a surprise of +3.99%. The company delivered an EPS surprise of +5.63%, with the consensus EPS estimate being $3.02.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how NXP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenue- Automotive: $1.83 billion versus the five-analyst average estimate of $1.80 billion. The reported number represents a year-over-year change of +17.4%.

  • Revenue- Communications Infrastructure & Other: $529 million compared to the $495.32 million average estimate based on five analysts. The reported number represents a change of +6.7% year over year.

  • Revenue- Industrial & IoT: $504 million versus the five-analyst average estimate of $470.69 million. The reported number represents a year-over-year change of -26.1%.

  • Revenue- Mobile: $260 million versus the five-analyst average estimate of $230.08 million. The reported number represents a year-over-year change of -35.2%.

View all Key Company Metrics for NXP here>>>

Shares of NXP have returned -12.2% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NXP Semiconductors N.V. (NXPI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research