NXPI Earnings Prediction
The chart below shows how NXPI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NXPI sees a -0.95% change in stock price 10 days leading up to the earnings, and a +2.25% change 10 days following the report. On the earnings day itself, the stock moves by +0.81%. This data can give you a slight idea of what to expect for the next quarter's release.
NXPI Key Earning Data
NXPI Earnings Analysis
Positive
Quarterly Revenue Performance: NXP delivered quarterly revenue of $3.25 billion in line with our overall guidance of down 5% year-on-year and up 4% sequentially.
Operating Margin Improvement: Non-GAAP operating margin in quarter three was 35.5%, 50 basis points above the year-ago period and 40 basis points above the midpoint of our guidance.
Non-GAAP Gross Profit Analysis: We generated $1.89 billion in non-GAAP gross profit and reported a non-GAAP gross margin of 58.2%, down 30 basis points year-on-year and 30 basis points below the midpoint of our guidance due to product mix.
Earnings Per Share Beat: We delivered non-GAAP earnings per share of $3.45, slightly ahead of our midpoint guidance of $3.42.
Dividends and Share Repurchases: During Q3, we paid $259 million in cash dividends and repurchased $305 million of our shares.
Negative
Quarterly Revenue Decline: NXP delivered quarterly revenue of $3.25 billion, down 5% year-on-year and down about 5% sequentially.
Operating Margin Decline: Non-GAAP operating margin in quarter three was 35.5%, down 30 basis points year-on-year and 40 basis points below the mid-point of guidance.
Industrial & IoT Revenue Decline: Revenue in the industrial & IoT segment was $563 million, down 7% versus the year-ago period and below guidance range.
Automotive Revenue Decline: In automotive, revenue was $1.83 billion, down 3% versus the year-ago period and in line with guidance range, indicating weakness in demand.
Fourth Quarter Revenue Guidance: We are guiding fourth quarter revenue to $3.1 billion, down about 9% versus the fourth quarter of 2023, and down about 5% sequentially.
NXPI FAQs
How does NXPI typically perform around its earnings report dates?
NXPI's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -0.95% change leading up to the report and a +2.25% change in the 10 days following the release.
Is NXP Semiconductors N.V. (NXPI) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NXPI Earning Call Sentiment
NXP Semiconductors N.V. (NXPI) Q3 2024 Earnings Call Transcript
NXPI.O
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