NXP Semiconductors (NXPI) Q1 Earnings and Revenues Top Estimates

Group 1: Earnings Performance - NXP Semiconductors reported quarterly earnings of $2.64 per share, exceeding the Zacks Consensus Estimate of$ 2.59 per share, but down from $3.24 per share a year ago, representing an earnings surprise of 1.93% [1] - The company posted revenues of$ 2.84 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.30%, compared to $3.13 billion in revenues a year ago [2] - Over the last four quarters, NXP has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - NXP shares have declined approximately 6.9% since the beginning of the year, while the S&P 500 has seen a decline of 6.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is$ 2.67 on revenues of $2.86 billion, and for the current fiscal year, it is$ 11.64 on revenues of $11.93 billion [7] Group 3: Industry Context - The Semiconductor - Analog and Mixed industry, to which NXP belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5] - The favorable estimate revisions trend for NXP has resulted in a Zacks Rank 2 (Buy) for the stock, indicating expectations of outperforming the market in the near future [6]