Published on 2 May 2024 on Simply Wall St. via Yahoo Finance
Earnings Update: Here's Why Analysts Just Lifted Their NXP Semiconductors N.V. (NASDAQ:NXPI) Price...
Investors in NXP Semiconductors N.V. (NASDAQ:NXPI) had a good week, as its shares rose 6.1% to close at US$249 following the release of its first-quarter results. The result was positive overall - although revenues of US$3.1b were in line with what the analysts predicted, NXP Semiconductors surprised by delivering a statutory profit of US$2.47 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Check out our latest analysis for NXP Semiconductors
