- NXP Semi’s adjusted EPS (earnings per share) for the first quarter was $2.64, beating the estimate of $2.60, but down from $3.24 year-over-year.
- Actual EPS for the quarter was $1.92 compared to $2.47 year-over-year.
- Revenue for the quarter reached $2.84 billion, slightly above the estimate of $2.83 billion but marked a 9.3% decline compared to the same quarter last year.
- Automotive revenue stood at $1.67 billion, missing the estimate of $1.69 billion and falling 7.2% from the previous year.
- Industrial & IoT revenue recorded $508 million, below the estimate of $514 million, representing an 11% decrease year-over-year.
- Mobile revenue hit $338 million, surpassing the estimated $325.4 million, with a 3.2% decline from the prior year.
- Revenue from Communications Infrastructure & Other was $315 million, which was better than the estimate of $294.6 million but down 21% year-over-year.
- The adjusted gross margin was 56.1%, just below the estimate of 56.4%, and down from 58.2% year-over-year.
- The adjusted operating margin was 31.9%, exceeding the forecast of 31.5%, yet lower than last year’s 34.5%.
- R&D expenses were $547.0 million, under the expected $557.6 million and 3% lower than the previous year.
- Inventory level increased by 12% year-over-year to $2.35 billion, surpassing the estimate of $2.17 billion.
- Capital expenditure was $138 million, slightly below the $140.1 million forecast.
- Adjusted free cash flow showed a significant decline at $427 million, whereas the estimate was $709.8 million, marking a 32% drop year-over-year.
- For the second quarter, NXP forecasts adjusted EPS in the range of $2.46 to $2.86, against a market estimate of $2.63.
- Second-quarter revenue is predicted to be between $2.80 billion and $3.00 billion, with a market estimate of $2.86 billion.
- Second-quarter EPS is anticipated between $1.78 and $2.16, with market expectations set at $2.05.
- The stock is favored by analysts with 28 buys, 5 holds, and no sell recommendations.
Nxp Semiconductors Nv on Smartkarma
Analyst coverage on NXP Semiconductors NV by Nicolas Baratte on Smartkarma indicates a bearish sentiment in the recent report titled “NXP, Renesas, STMicro: Only Bad News. Auto & Industrial Semi Firms Give Poor Signals on End-Demand.” The report highlights a cautious outlook for the auto and industrial semiconductor sector due to high inventories and slowing end-demand. Despite stocks like NXP, Renesas, and STMicro appearing cheap, the analyst expects consensus to continue downward revisions at least until the second quarter of 2025. The report emphasizes the need for caution amid weak end-demand signals and ongoing downward revisions in the sector.
A look at Nxp Semiconductors Nv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at the long-term outlook for NXP Semiconductors NV may find the Smartkarma Smart Scores informative. With a solid Growth score of 4 and Resilience score of 4, the company seems to be positioned for robust future expansion and able to weather economic uncertainties. Additionally, the Dividend score of 3 indicates a moderate level of shareholder returns, which could be attractive to income-focused investors.
However, the Value and Momentum scores of 2 and 3 respectively suggest that the stock may not be considered significantly undervalued and may not have strong short-term price performance. Overall, based on the Smart Scores, NXP Semiconductors NV appears to have promising growth prospects and resilience in the face of market volatility, which could make it an interesting option for investors seeking a balance of growth and stability in their portfolio.
### Summary: NXP Semiconductors NV is a global semiconductor company that specializes in designing semiconductors and software for a variety of industries including mobile communications, consumer electronics, security applications, in-car entertainment, and networking. They cater their products to a range of applications such as automotive, identification, wireless infrastructure, lighting, mobile, and computing. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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