NXP Semiconductors N.V. (NASDAQ:NXPI) is reporting second quarter financial results on Monday 27th July 2020, after market close.
According to analysts surveyed by Thomson Reuters, NXPI is expected to report 2Q20 income of $ 0.84 per share from revenue of $ 1807.12 million.
For the full year, analysts anticipate top line of $ 7757.59 million, while looking forward to income of $ 4.61 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 1,700.00 million ~ $ 1,900.00 million
Click Here For More Historical Outlooks Of NXP Semiconductors N.V.
Previous Quarter Performance
NXP Semiconductors N.V. reported income for the first quarter of $ 1.40 per share, from the revenue of $ 2,021.00 million. The quarterly earnings contracted 15.66 percent compared with the same quarter last year. The consensus estimates are income of $ 1.41 per share from $ 2043.33 million in revenue. The bottom line results missed street analysts by $ 0.01 or 0.71 percent, at the same time, top line results fell short of analysts by $ 22.33 million or 1.09 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of NXP Semiconductors N.V.
Stock Performance
According to the previous trading day, closing price of NXPI was $ 115.75, representing a 98.17 % increase from the 52 week low of $ 58.41 and a 17.08 % decrease over the 52 week high of $ 139.59.
The company has a market capital of $ 32.29 billion and is part of the Technology sector and Semiconductors industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NXPI” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 13th July 2020, maintained by Raymond James at Outperform rating, with $ 130.00 target price.
- On 7th July 2020, maintained by KeyBanc at Overweight rating, with $ 130.00 target price.
- On 16th June 2020, maintained by Morgan Stanley at Overweight rating, with $ 122.00 target price.
- On 8th June 2020, upgraded by Evercore ISI to Outperform from In-Line rating.
Recent Stock Dividend Announcement
On May 28, 2020, the board of directors authorized quarterly dividend of $ 0.375 per share to holders of record as of the close of business on June 15, 2020, with payment date of July 6, 2020 and ex-dividend date on June 12, 2020.
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems. It also provides secure identification solutions, such as passive RF connectivity devices; microcontroller devices; and secure real-time operating system software products to facilitate the encryption-decryption of data, and the interaction with the reader infrastructure systems.
