NXP Semiconductors Earnings Missed Expectations, But Revenue Beats Expectations in Q4
Investing.com – An NXP Semiconductors (NASDAQ) report noted: NXPI) the fourth quarter it fell short of analysts’ expectations, the report was released on Monday, and the company recorded revenues that exceeded expectations.
Earnings per share were $2.76, while revenue was $3.31B. Market surveys from Investing.com indicated earnings per share of $2.77 and the company’s earnings to be $3.3B. Well and in terms of the last quarter
NXP Semiconductors shares lost 3.69%, trading at $172.85 in the after hours, according to the report.
During the year, shares of NXP Semiconductors traded up 13%, outperforming the S&P 500 which was up 4.64% for the year.
NXP Semiconductors stock continues sector profits technology other this the month
On the 24th, Microsoft Group reported second quarter earnings per share of $2.32 on revenue of $52.7B, compared to expectations of earnings per share of $2.3 on revenue of $53.12B.
Visa A’s earnings beat analyst expectations on Thursday, during the first quarter with quarterly earnings per share of $2.18 on revenue of $7.9B. Investing.com analysts forecast earnings of $2.01 on revenue of $7.7B.
