NXP Earnings Beat Expectations at $0.02, While Profits Meet Forecasts

According to the report from NXP (NASDAQ: NXPI), the earnings per share for the third quarter was $3.45, exceeding analysts' expectations of $3.43 by $0.02. The reported revenue for this quarter was determined to be $3.25 billion, which matched analyst expectations of $3.25 billion.

Guidance indicates that NXP's earnings per share for the fourth quarter of 2024 is forecasted to be between $2.93 and $3.33. Analysts had previously anticipated $3.64.

NXP's stock closed the day at $236.90, reflecting a value decrease of 3.40% over the past three months. However, the stock has gained 30.49% in value over the last 12 months. In the past 90 days, NXP recorded 3 positive earnings per share results alongside 15 negative earnings per share results.

InvestingPro indicates that NXP's financial health score is "Good performance." For further examination of NXP's recent earnings reports and all financial information related to the company, please refer here. To stay updated on all developments regarding balance sheets, visit the Investing.com Earnings Calendar.