Curious about NXP (NXPI) Q1 Performance? Explore Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that NXP Semiconductors will report a quarterly earnings of $2.59 per share, reflecting a year-over-year decline of 20.1$2.83 billion, down 9.6% from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate for the quarter has not changed over the past 30 days, indicating that analysts have not revised their initial projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenue- Automotive' to be $1.69 billion, a decrease of 6.5$302.16 million, indicating a decline of 24.3% year over year [5] - 'Revenue- Industrial & IoT' is expected to be $512.51 million, reflecting a 10.7$325.45 million, suggesting a decline of 6.8% year over year [6] Stock Performance - Over the past month, NXP shares have decreased by 17.4%, compared to a 6.6% decline in the Zacks S&P 500 composite [7] - NXP holds a Zacks Rank 3 (Hold), indicating that its performance is likely to align with the overall market in the near term [7]