NXP Semiconductors (Nasdaq: NXPI) reported earnings on Jan. 31. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), NXP Semiconductors beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP loss per share dropped.
Gross margins expanded, operating margins shrank, net margins increased.
Revenue details
NXP Semiconductors booked revenue of $1.12 billion. The 12 analysts polled by S&P Capital IQ expected sales of $1.09 billion on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $931.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.50. The 13 earnings estimates compiled by S&P Capital IQ averaged $0.47 per share. GAAP EPS were -$0.47 for Q4 compared to -$0.74 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 43.9%, 30 basis points better than the prior-year quarter. Operating margin was 3.0%, 480 basis points worse than the prior-year quarter. Net margin was -10.4%, 910 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $1.07 billion. On the bottom line, the average EPS estimate is $0.45.
Next year's average estimate for revenue is $4.63 billion. The average EPS estimate is $2.50.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 622 members out of 629 rating the stock outperform, and seven members rating it underperform. Among 131 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 129 give NXP Semiconductors a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NXP Semiconductors is outperform, with an average price target of $30.08.
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