NXP Semiconductors Earnings Are Imminent; These Major Analysts Revise Forecasts Ahead Of Earnings Call

NXP Semiconductors N.V. (NASDAQ:NXPI) will release earnings results for its third quarter, after the closing bell on Monday, Nov. 4.

Analysts expect the Eindhoven, the Netherlands-based bank to report quarterly earnings at $3.43 per share, down from $3.70 per share in the year-ago period. NXP Semiconductors projects to report revenue of $3.25 billion for the recent quarter, compared to $3.4 billion a year earlier, according to data from Benzinga Pro.

On Oct. 23, GlobalFoundries (NASDAQ:GFS) and NXP Semiconductors disclosed collaboration to drive next-generation solutions across a range of end markets including automotive, IoT and smart mobile devices.

NXP Semiconductors shares gained 1.7% to close at $238.59 on Friday.

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